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Differences between two different costing strategies

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In healthcare today, we have different types of pricing strategies. We have a full-cost pricing strategy and a marginal-cost pricing strategy. As the chief financial officer of your healthcare organization you are asked by your boss to determine which of these two strategies would work best in your general care hospital located in a large city in the United States. Describe the differences between these two different costing strategies and give your recommendation on which one would be best for a hospital and why.

Reference no: EM132795867

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