Laboratory Technologists Must Not Only Keep Themselves Educated in Their

question 6

Multiple Choice

Laboratory technologists must not only keep themselves educated in their contribution to the infection control team,they must keep:

• A) Housekeeping alerted as to the nature of the microbiology laboratory's biohazardous waste
• B) Laboratory management aware of equipment needs
• C) The infection control personnel educated regarding the laboratory's contribution to the team
• D) The Centers for Disease Control and Prevention (CDC) informed of the continuing education needs of the microbiology laboratory's staff

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Definitions:

Accounting Profits

The net income for a company after all expenses, taxes, and costs have been subtracted from total revenue.

Economic Profits

The excess of total revenue over total cost, including both explicit and implicit costs, indicating the efficiency of resource utilization beyond breakeven.

Perfectly Competitive

A market structure characterized by many buyers and sellers, free entry and exit, and a homogenous product, leading to price taking behaviour.

Price

The amount of money required to purchase a good or service, serving as a reflection of its value, market demand, and supply conditions.