You serve 3000 price pay patients and 1000 hmo members, Ask an Expert

Economics

You serve 3,000 price pay patients and 1,000 HMO members. Fixed costs are $500,000, incremental costs is $50. You currently charge private pay patients $75 and HMO members $60....

a. This line of business is profitable

b. Profits will increase of u stopped serving HMO members

C. You should stop serving HMO members of fixed costs increase to $60,000

D. All the above

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91720445

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