If an Increase in Output Results in a Decrease in Average

question 104

Multiple Choice

If an increase in output results in a decrease in average total cost, the corresponding marginal cost is:

• A) less than average total cost.
• B) greater than average total cost.
• C) equal to average total cost.
• D) negative.

---

Definitions:

Documentation

Written entry into the patient's medical record of all pertinent information about him or her. These entries validate the patient's problems and care and exist as a legal record.

Consecutively

occurring in a successive, uninterrupted sequence without gaps or interruptions.

Password

A string of characters used to verify the identity of a user during the access process to a digital system.

Telephone Order

A verbal instruction given via telephone, often used in healthcare settings to prescribe treatments or medications.