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5) As an optician on average, you sell eyeglasses for $80 / pair. For every pair that you sell, the lenses, eyeglasses frame and the
5) As an optician on average, you sell eyeglasses for $80 / pair. For every pair that you sell, the lenses, eyeglasses frame and the eyeglasses case cost you altogether an average of $55. Your total fixed Expenses are $500/month rent. The lenses, eyeglass frame and eyeglass case are considered to be: A) Marginal costs B) Long term debt C) Both long term debt and marginal costs D) Neither long term deptor marginal costs. 6) hospital buys another hospital located in the same town. This is an example of what type of diversification/ integration ? 7) In an effort to reduce health care costs, payments from the insurance companies and government programs such as Medicare for inpatient hospital services have been getting smaller. Which of the following are means by which these payments have been reduced? A) Prospective payments (des) B) Contractual discounts C) Cost plus reimbursements D) Both perspective payments and contractual discounts are true E) All 3 types are true 8) The Sherman anti-trust act is a law designed to stimulate hospital construction True or false 9) The operating margin is used to determine the company's
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