Computerized Chart Locator Systems Are Superior to Paper-Based Locator Systems

question 51

Multiple Choice

Computerized chart locator systems are superior to paper-based locator systems for all of the following EXCEPT:

• A) Bar code chart locators
• B) Eliminate the need to manually sign out charts
• C) Facilitate records audit trail
• D) Limit access to patient records from various hospital departments

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Definitions:

Marginal Cost

Marginal cost is the change in total production cost that comes from making or producing one additional unit of a good.

Perfectly Competitive

Refers to a market structure where there are many buyers and sellers, all producing homogenous products, with no single participant having the power to influence the market price.

Industry Supply Curve

A graphical representation showing the relationship between the price of a good and the total output of the industry for that good.

Elastic

Describes a situation where the quantity demanded or supplied changes significantly in response to a change in price.