Does this analysis adopt a societal view of costs

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1. Why should an economist object to including overhead costs in CMA analysis?

2. A clinic finds that it can reduce costs by eliminating appointments. The clinic is able to eliminate some telephone staff, and physicians become more productive. Patients wait until the physician is available, so the physician has virtually no downtime. Does this analysis adopt a societal view of costs? Why might this analysis result in a bad managerial decision?

Reference no: EM13838132

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