Which of the Following Would Be an Error of Omission

question 2

Multiple Choice

Which of the following would be an error of omission?

• A)Giving a patient the wrong prescription when they pick up at the pharmacy counter
• B)Transcribing the sig incorrectly on the patient's prescription label
• C)Forgetting to place a penicillin allergy alert in the patient's profile
• D)Refilling a medication that has been discontinued

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Definitions:

Profit-maximizing

A strategy or behavior where a firm aims to achieve the highest possible profit from its operations, considering costs, revenue, and market conditions.

Zero Economic Profit

A scenario where a firm's total revenues are exactly equal to its total costs, indicating no abnormal profit beyond the normal rate of return.

Short Run

A period in which at least one factor of production is fixed, limiting the ability of a firm to adjust to changes in market demand.

Average Variable Cost

The total variable costs divided by the quantity of output produced, showing the variable cost per unit of output.