Which of the Following Is Most Consistent with Economizing Behavior

question 58

Multiple Choice

Which of the following is most consistent with economizing behavior?

• A) If you get the same satisfaction from a hamburger and a fish sandwich, you should purchase the one that costs the most.
• B) Even if you know how to paint, hiring someone to do the job is consistent with economizing behavior, if your opportunity cost is high enough.
• C) If the government provides a good free to citizens, the opportunity cost of the good is zero.
• D) If you get the same satisfaction from going to the opera and going to an art museum, it makes no difference which you choose.

Recognize the importance of patient confidentiality and the nurse's responsibility in information sharing.

Acknowledge the impact of personal values, culture, and beliefs on professional nursing practice.

Describe the role of competence and ongoing learning in nursing practice.

Understand the principles and applications of the International Council of Nurses Code of Ethics.

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