The Number of Referrals to the NMC Which Fell Under

question 13

Multiple Choice

The number of referrals to the NMC which fell under the heading of misconduct in 2012-13 was:

• A) 13%
• B) 63%
• C) 7%
• D) 40%

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Definitions:

Interest Forgone

The potential interest one could have earned on their money if it had been invested rather than spent or kept in a non-interest-bearing account.

MC (Marginal Cost)

The additional cost resulting from the production of one more unit of a product or service.

ATC (Average Total Cost)

The total cost of production divided by the quantity of output produced, representing the per-unit cost of production.

MR (Marginal Revenue)

The increment in revenue that results from the sale of one additional unit of a product or service.