Business, 31.05.2021 21:00 jamarstand

Let us suppose that a hospital wants to set their fees for an overnight stay such that the contribution margin on a hospital room will be 18%. The cost to the hospital of an overnight stay (staff, physical equipment, and supplies) is $620. What fee should they charge to obtain a contribution margin of 18%?

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Let us suppose that a hospital wants to set their fees for an overnight stay such that the contribut...

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