Your dental clinic provides 3,000 exams for private pay patients and 1,000 exams for members of a…


Your dental clinic provides 3,000 exams for special pay patients and 1,000 exams for members of a combination. Your agricultural requires are 50,000 and your incremental require is 40.

a. Special pay patients feel a cost elasticity of require of −3. What do you impute them?

b. The combination has negotiated a fee of 50. Is it profitable to speak members of the combination?

c. What would bechance to your income if you stopped speaking members of the combination?

d. If the combination negotiated a fee of 45 instead, what would you impute special pay patients?

e. What does this state you environing require shifting versus cost insight?