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Question
the midtown nursing facility has fixed costs amounting to $200,000. at an occupancy rate of 100 patients, the fixed cost per patient amounts to $2,000. in another way to think about fixed costs, if the administrator can increase the occupancy rate to 125 patients, will the fixed cost per patient then:
a. increase
b. decrease
c. neither of the above
Answer
This answer is hidden. It contains 1 characters.
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