Which of the Following Is an Output Measure for a Hospital

question 62

Multiple Choice

Which of the following is an output measure for a hospital?

• A) number of doctors needed to cater to patients
• B) number of patients admitted every day in a hospital
• C) number of days spent by a patient in a hospital
• D) charges applicable on the number of days spent by a patient in a hospital

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Definitions:

Yield Per Acre

The amount of a particular crop produced on one acre of land, measuring agricultural productivity.

Corn

A cereal plant that yields large grains, or kernels, set in rows on a cob, widely grown for food, livestock feed, and biofuel.

Production Possibility Frontier

A curve depicting all maximum output possibilities for two goods, given a set of inputs consisting of resources and other factors. The PPF demonstrates the trade-offs in production volume between two choices.

Opportunity Cost

The cost of passing up the next best choice when making a decision.