Because Nursing Informatics Combines All Four Nursing Practice Areas (Clinical

question 17

True/False

Because nursing informatics combines all four nursing practice areas (clinical, research, administration, and education), the ability to recognize the need for a specific kind of information and then locate, evaluate, and effectively use that information within the nursing informatics paradigm will catapult nurses ahead of other healthcare professionals in applying and engaging various facets of technology.

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Definitions:

Inverse Demand

A representation of demand that expresses price as a function of quantity demanded, contrary to the usual demand function which expresses quantity demanded as a function of price.

Cournot Duopolists

Two firms in a market who decide on their production quantity independently and simultaneously to maximize profits, under the assumption of no further entry by other firms.

Total Cost

The complete cost of production, including fixed and variable expenses incurred in the creation of a product or service.

Bean Sprouts

Young shoots of various bean plants, such as the mung bean, consumed as a vegetable.