Which of the Following Is a Characteristic of ICD-10-PCS

question 107

Multiple Choice

Which of the following is a characteristic of ICD-10-PCS?

• A)Codes are alphanumeric
• B)They are similar to ICD-10-CM diagnosis codes
• C)Number of codes is limited
• D)Codes are three to four digits

---

Definitions:

Minimum Efficient Scale

The minimum efficient scale is the lowest point of production where a firm can achieve the economies of scale, reducing its cost per unit to the minimum.

Economic Profits

The surplus or profit gained by a firm after subtracting all its costs, including both explicit and implicit costs, from its total revenues.

Accounting Profits

The net income for a company calculated by subtracting total expenses from total revenues, according to standard accounting practices.

Short Run

A period of time in economics during which at least one input, such as plant size, is fixed and cannot be changed.