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An 89-year-old diagnosed with dementia was until recently responding well to cognitive cueing techniques.The nurse shows an understanding of dementia when sharing with staff that:
Average Product
The output per unit of input, calculated by dividing total production by the number of input units.
Labor
The human effort (physical or mental) that is used in the production of goods and services.
Producer Surplus
The difference between the actual amount producers receive for a good and the minimum amount they would be willing to accept.
Firm
A business enterprise or establishment engaged in commercial, industrial, or professional activities.
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