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A disoriented and agitated patient has come to the emergency department after using methamphetamine. Vital signs are blood pressure 162/98, heart rate 142 and irregular, and respirations 32. The most important intervention by the nurse is to
Price Elasticity
An indicator of the extent to which the demand for a product is affected by variations in its cost.
Midpoint Formula
A method for calculating the price elasticity of demand or supply by averaging the starting and ending prices and quantities to estimate the percentage change.
Price Elasticity
A measure of the responsiveness of demand or supply to changes in price, often used to predict the effect of pricing decisions.
Unit Elastic
A situation in economic demand or supply where a change in price leads to an equal proportional change in the quantity demanded or supplied.
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