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A client who has been hospitalised for a period of time is now being transferred to a rehabilitation centre for more long-term care. As he is preparing to be discharged, the client asks the nurse if he can take his chart with him, since it's his record. The nurse responds correctly by saying:
Wages Paid
The amount of money workers receive from employers in exchange for their labor.
Sunk Costs
Sunk costs are past expenditures that have already been incurred and cannot be recovered, and thus should not impact future decision-making.
Past Costs
Refers to expenses that have already occurred and cannot be recovered.
Marginal Costs
The supplementary cost that comes with producing an extra unit of a good or service.
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