Average cost of the output produced

Assignment Help Business Management
Reference no: EM131447757

Assume that 5 surgeons can perform a total of 12 heart bypass operations per day. If each surgeon is paid P24,000.00 per day and the medical firm's total fixed cost is P650,000.00, what is the average cost of the output produced (operations performed) by 5 surgeons?

Reference no: EM131447757

Questions Cloud

Biggest rival goes bankrupt and exits the market : Suppose Firm A sets a price below average variable cost for two years. After the second year, Firm A's biggest rival goes bankrupt and exits the market. In the third year, Firm A raises prices significantly. Firm A is practicing:
Identify the culture of the patient and discuss : You will be providing care for patients of different cultures. Choose a diet that would be cultural specific for a patient with new onset of hypertension. Identify the culture of the patient and discuss how you would explain this diet to your pati..
Is it developed enough and effectively designed : Is it developed enough and effectively designed and How effective was the opening? Did it seem engaging? Does it avoid cliche, repetition, and obviousness?
Review the case study of career management : Career Management: Researching Target Employers, Research is a critical element of the job-search process. With information in hand, you increase the chance of fi ndingthe right opportunity (and avoiding bad choices).
Average cost of the output produced : Assume that 5 surgeons can perform a total of 12 heart bypass operations per day. If each surgeon is paid P24,000.00 per day and the medical firm's total fixed cost is P650,000.00, what is the average cost of the output produced (operations perfo..
Process of economic evaluation in health : Explain briefly the process of economic evaluation in health. Give an example
What is incremental cash flow related to working capital : Six Twelve, Inc., is considering opening up a new convenience store in downtown New York City. The expected annual revenue at the new store is $600,000. What is the incremental cash flow related to working capital when the store is opened?
What are the main roles and functions of the police officer : Write a 2- to 4-page analysis of the scenario in which you address the following: What are the main roles and functions of the police officer at this stage of the case? What kinds of local, state, and federal responses can you expect? How and why wou..
Profit maximizing level of output : Draw the graph containing the ATC, AVC, MC, MR for a purely competitive firm operating in the long run (ie. Operating at 0 economic profits). Be sure to label everything including the profit maximizing level of output, the axis, and all the curve..

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd