The First Character of an ICD-10-PCS Code Represents ____

question 116

Multiple Choice

The first character of an ICD-10-PCS code represents ____.

• A)body part
• B)approach
• C)section
• D)device

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Definitions:

Monopolist

A monopolist is a sole provider of a good or service in a market, having the power to influence the price and quantity of the product.

Output Price

The price at which a product or service is sold in the market.

Monopolist

A single seller in a market with no close substitutes for the product, giving the seller market power.

Marginal Revenue Product

The increase in revenue a firm expects from employing one additional unit of a resource, such as labor.