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In Keeping with Guidelines of the Organization,the Nurse Manager Documents

question 25

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In keeping with guidelines of the organization,the nurse manager documents staff problems.Documentation of disciplinary problems should:


Definitions:

Diminishing Returns

A principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, will begin to decrease.

Average Total Cost

The total cost of production divided by the quantity of output produced.

Economies of Scale

Enterprises achieve cost benefits from their operation size, resulting in a reduction of cost per output unit as the scale expands.

Average Variable Cost

The total variable costs divided by the quantity of output produced; it fluctuates with production volume.

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