Accrediting Standards _____

question 32

Multiple Choice

Accrediting standards _____.

• A) Are enforceable by law,regardless of whether federal or state in origin
• B) Demonstrate that a facility needs to improve treatment provision and staff
• C) Have no bearing on malpractice or negligence actions brought by patients
• D) May be used in establishing a standard of care during a negligence action

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Definitions:

Indifference Curves

Graphical representations showing combinations of two goods that give a consumer equal levels of satisfaction, indicating preferences.

Pareto Optimal

A condition of resource allocation in which it is impossible to make any one individual better off without making someone else worse off, signifying an efficient distribution of resources.

Competitive Equilibrium Price

The market price where the quantity of goods supplied is equal to the quantity of goods demanded, effectively clearing the market.

Utility Function

A mathematical representation of how different quantities of goods or services are ranked according to their desirability for a consumer.