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While conducting a training class for hospice nurses, the nurse explains the actions taken by William Rathbone, a Quaker philanthropist who implemented nursing care at home for the sick in England. Mr. Rathbone enlisted Florence Nightingale's assistance to develop a concept of nursing care, which he later adopted in the United States after witnessing its benefits to his dying wife. Which aspect of care should the nurse attribute to Mr. Rathbone?
Variable Expenses
Costs that change in proportion to the activity of a business.
Break-Even Point
The point at which total revenues equal total costs, indicating no net loss or gain, and where a business starts to generate profit with any additional sales.
Automated Equipment
Automated equipment consists of machinery and tools that operate with minimal human intervention, often used in manufacturing to increase efficiency and reduce labor costs.
Break-Even Point
The level of sales or production at which a business's revenues equal its expenses, resulting in neither profit nor loss.
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