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Which should the nurse consider when having consent forms signed for surgery and procedures on children?
Price Elasticity
An index showing the degree to which demand for an item adjusts in response to its price changes.
Midpoint Method
A technique used in economics to measure the elasticity of a variable by averaging the starting and ending points.
Price Elasticity
A measure indicating how much the quantity demanded of a good or service changes in response to a change in its price.
Midpoint Method
A technique used in economics to calculate the elasticity of a variable, using the average of initial and final values as reference points.
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