When Driving Towards a Meeting, the Nursing Supervisor Gets a Call

question 14

Multiple Choice

When driving towards a meeting, the nursing supervisor gets a call explaining the meeting is to be delayed for about 30 minutes. Which activity is the best use of this supervisor's waiting time?

• A) Listen to music on the radio.
• B) Drive to the meeting place and read the minutes from the last meeting.
• C) Stop by the closest store and get doughnuts to share with everyone.
• D) Use the time to make some personal phone calls.

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Definitions:

Cross-Price Elasticity

A measure of how the quantity demanded of one good changes in response to a change in the price of another good.

Garlic Salt

A seasoning made from a blend of dried, ground garlic and table salt, often with an anti-caking agent to prevent clumping.

Substitutes

Goods or services that can be used in place of one another. When the price of one rises, the demand for its substitute is likely to increase.

Elastic

Describes a situation in which the supply or demand for a good or service is highly responsive to changes in price.