A Practicing RN Decides That Attending an Upcoming Workshop About

question 20

Multiple Choice

A practicing RN decides that attending an upcoming workshop about new pharmacological treatments would benefit their practice. This RN is modelling which of the National Competency Standards for Registered Nurses?

• A) Practices within an evidence-based framework.
• B) Conducts a comprehensive and systematic nursing assessment.
• C) Practices within a professional and ethical nursing framework.
• D) Participates in ongoing professional development of self and others.

---

Definitions:

Wedge

The difference between the demand price of the quantity transacted and the supply price of the quantity transacted for a good when the supply of the good is legally restricted. Often created by a quantity control, or quota.

Demand Price

The price of a given quantity at which consumers will demand that quantity.

Perfectly Inelastic

A market situation where the quantity demanded or supplied does not change in response to a change in price.

Deadweight Loss

The inefficiency caused in a market where all potential gains from trade are not realized due to factors like taxes or subsidies.