Which Option Best Describes Inpatient Bed Count

question 18

Multiple Choice

Which option best describes inpatient bed count?

• A) The number of vacant beds on a given day.
• B) The number of occupied beds on a given day.
• C) The available number of hospital inpatient beds that are either vacant or occupied on any given day.
• D) These measures are used to guide future planning and development of patient services. The most important use of bed count is for government funding and research.

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Definitions:

External Benefits

Benefits from an economic activity experienced by parties not directly involved in the transaction, often leading to positive spillovers in society.

Subsidizing Production

The act of providing financial support to companies or industries to reduce the cost of producing goods or services, often to encourage production or lower prices for consumers.

External Costs

Costs that affect parties who are not directly involved in the production or consumption of a good or service, often leading to market failures.

Underproduce

The act of producing less than is demanded or expected, often leading to shortages and increased prices.