Critical Thinking Is Key to Successful Planning

question 10

Multiple Choice

Critical thinking is key to successful planning. Which statements are evidence that the nurse manager is a critical thinker? Select all that apply.

• A) "I need to research the topic before I comment."
• B) "Let's be fair in our consideration of this change."
• C) "Let's go ahead and make the change, I have a feeling it is correct."
• D) "I'm trying to understand your point of view."
• E) "I have to take back something I said in the last meeting; it was wrong."

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Definitions:

Price Ceiling

A price ceiling is a government-imposed limit on how high a price can be charged for a product, service, or resource, usually set below the market equilibrium price to make goods more affordable.

Market Equilibrium

A point in a market where the quantity of goods supplied is equal to the quantity of goods demanded.

Consumer Surplus

The gap between what consumers are ready and able to expend for a good or service and what they actually spend.

Price Ceiling

A legally imposed limit on the price that can be charged for a good or service, typically set below the equilibrium price.