Written Codes of Ethics for Health Care Practitioners

question 1

Multiple Choice

Written codes of ethics for health care practitioners:

• A) evolved primarily to serve as moral guidelines for those who provide care
• B) are legally binding
• C) did not exist in ancient times
• D) are used in legal cases
• E) are enforced by hospitals

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Definitions:

Long-Run Equilibrium

A state in which all factors of production and costs are variable, and firms in a competitive market make just enough profit to cover their costs.

Marginal Cost

The increase or decrease in the total cost incurred from producing one additional unit of a good or service.

Industry Entry

The act of a new company entering an existing market with the intention of selling goods or services.