Examlex
As a nurse manager,you are a leader in health care and on the unit you manage.Looking at the larger picture of health care and patient environment on the unit,what is your primary role when evaluating the care provided on your nursing unit?
Marginal Revenue
The additional income gained from selling one more unit of a product or service.
Output
The total amount of goods and services produced by an individual, firm, industry, or economy within a certain period.
Price
The amount of money exchanged for a unit of a good or service.
Short Run
This refers to a period in which at least one input or resource is fixed, while others can be varied to adjust output.
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