Examlex
The home health nurse visits a client with heart failure who has increased dyspnea and peripheral edema and weight gain.The nurse suspects the client is not restricting fluids as prescribed.Which action by the nurse is most appropriate?
Inelastic
Refers to a situation where the demand or supply of a good or service is relatively unresponsive to changes in price.
Price Effect
The impact on consumer demand and supply of goods caused by changes in the price of a product or service.
Quantity Effect
The impact on the total quantity bought or sold in a market as a result of changes in price.
Least Elastic
Refers to the good or service with the least sensitivity to changes in price, meaning the quantity demanded or supplied changes very little with price changes.
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