Solution-Calculate the clinic marginal cost

Calculate the clinic marginal cost

Assignment Help Business Management

Reference no: EM131303319

The table shows the cost and revenue data for an outpatient surgery clinic. Calculate the clinic's marginal cost, marginal revenue, and profits at each level of output. Which price maximizes profits?

Surgeries	250	300	350	400	450
Price	$2000	$1,920	$1,800	$1,675	$1,550
Revenue	$500,000	$576,000	$630,000	$670,000	$697,000
Cost	$516,000	$538,000	$563,000	$591,000	$621,000

Reference no: EM131303319

Questions Cloud

Why is the topic that you chose important to study : Why is the topic that you chose important to study? Research methods: How is the topic studied? Results: What are the results of the research studies? Discussion/Conclusion: What are the future directions of the research? Limitations: What are the li..

Explain why an analysis of variance is appropriate for data : Explain why an Analysis of Variance is appropriate for these data. Create appropriate graphical summaries of the data. Use these summaries to Draw preliminary conclusions about the data - justify your conclusions.

Explain the relationship between risk and return : Create a 1,050-word report, and include the following: Explain the relationship between risk and return. Identify an example of risk and return. Explain which is more risky bonds or common stocks

Substitution and income effects : Suppose that the cost of living increases, thereby reducing the purchasing power of your income. If your money wage doesn't increase, you may work more hours because of this cost-of-living increase. Is this response predominantly an income effect ..

Calculate the clinic marginal cost : The table shows the cost and revenue data for an outpatient surgery clinic. Calculate the clinic's marginal cost, marginal revenue, and profits at each level of output. Which price maximizes profits?

Present a ratio analysis of your study company : Present a ratio analysis of your Study Company using data for the most recent year and the previous year. Show formulas and steps to generate each ratio. Include in your analysis, ratios that measure liquidity, profitability, and asset management

Determine the inverse z-transform : Graphically determine the convolution of the x[n] and the unit step sequence - Using time domain techniques, determine the impulse response of the discrete time LTIC system (subject to zero initial state)

What do you feel are the possible negative effects : what do you feel are the possible negative effects of religion? Why do you think that many of the over 900 people who died at Jonestown were willing to commit suicide at the request of their leader? How is this type of cult religion similar to ex..

Show how a price shock affectsthe fed inflation target : Show how a price shock affectsthe Fed inflation target. Show how the Fed can respond to regain its target. Show how technological advances affect the Fed inflation target. Show how the Fed can respond to regain its target.

User Account

All Pages

Calculate the clinic marginal cost

Reference no: EM131303319

Reference no: EM131303319

Questions Cloud

Reviews

Write a Review

Business Management Questions & Answers

Responsibilities of governing board in modern healthcare

What are alternatives that businesses can utilize to prevail

Implement security in communication channels

Give 5 characteristics or pieces

Benchmarking logistics systemwhat type of methodology ie

Elucidate your answer using legal terminology

Preparing the cash flow statement

How can testimonials be used to support product claims

Calculate the inventory turnover metric

Question regarding the federal policymakers

Assembled from standard electrical components

Accrediting agency or regulatory body

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT