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Figure 14-3

question 217

Multiple Choice

Figure 14-3. The figure shows a utility function for Rob. Figure 14-3. The figure shows a utility function for Rob.   -Refer to Figure 14-3. From the appearance of Rob's utility function, we know that A) the pain that Rob would experience if he lost $200 of his wealth would exceed the pleasure that he would experience if he added $200 to his wealth. B) the pleasure that Rob would experience if he added $200 to his wealth would exceed the pain that he would experience if he lost $200 of his wealth. C) the property of increasing utility does not apply to Rob. D) the property of diminishing marginal utility does not apply to Rob.
-Refer to Figure 14-3. From the appearance of Rob's utility function, we know that

Assess the importance of logical application of decision-making strategies in finding satisfactory solutions to ethical issues in healthcare.
Understand legal and ethical responsibilities in nursing care.
Identify and avoid situations that can lead to legal issues in nursing.
Recognize the importance of patient confidentiality and privacy.

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