The Standards of Practice for the American Nurses Association Include

question 5

Multiple Choice

The standards of practice for the American Nurses Association include which of the following?

• A) Assessment
• B) Crisis management
• C) Data recording
• D) Rounding practices

---

Definitions:

Efficient Price

A market price that reflects all available information and results in an allocation of resources that maximizes overall utility.

Marginal Cost

The incurred cost from generating one more unit of a product or service.

Deadweight Loss

The loss of economic efficiency that occurs when the equilibrium for a good or service is not achieved or is not achievable.

Marginal Cost

The increase in total cost that arises from producing an additional unit of a good or service.