Examlex
A 57-year-old man with amyotrophic lateral sclerosis (ALS) is participating in a clinical trial evaluating a novel therapeutic agent. The patient is accompanied by his wife for the initial session. The research coordinator provides a description of the study and tells the wife he is optimistic that the medication will help patients like her husband. He then shares that more participants are needed for the study to be successful and asks if she would like to enroll as a healthy control. In obtaining consent for the wife's participation, which of the following principles is at risk of being violated by the research coordinator?
Marginal Costs
The cost of producing one additional unit of a good or service.
Profit-Maximizing
The process by which a company determines the price and output level that returns the greatest profit.
Long Run
A period in economics where all factors of production and costs are variable, allowing for full adjustment to changes.
ATC
Average Total Cost; the per unit cost of production, calculated by dividing the total cost by the quantity produced.
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