Which of the Following Best Describes the Connection Between Ethics

question 5

Multiple Choice

Which of the following best describes the connection between ethics and health care financing?

• A) Health care financing is an outcome of social morality and collective beliefs about distribution of health care services in terms of good versus bad, right versus wrong, and harm versus benefit.
• B) Codes of ethics mandate that professionals in each discipline contribute to society through participation in health care policy.
• C) Health care professionals' duties center on the individual patient, and health care financing directly impacts each person's ability to receive care.
• D) Health care financing rests upon the ethical principles of distributive justice, beneficence, and nonmaleficence.

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Definitions:

Output

refers to the quantity of goods or services produced by a firm, industry, or economy within a specific period.

Marginal Cost

Marginal cost is the cost of producing one additional unit of a product or service.

Output

The total amount of goods or services produced by a person, machine, business, country, etc., during a given period.

Economic Profit

The net gain or loss after removing both easily identifiable and not readily apparent expenses from the overall turnover.