The table shows case-mix-adjusted price and volume data for Dunes Hospital. Calculate its marginal cost, marginal revenue, and profits at each level of output. What price should it choose?

Transcribed Image Text:

Admissions Revenue Cost Price 6,552 9,048 9,672 $52,416,000 $70,574,400 $73,507,200 $42,588,000 $59,264,400 $8,000 $7,800 9,984 10,296 $73,881,600 $74,131,200 $63,835,200 $66,393,600 $68,983,200 $7,600 $7,400 $7,200