Answer the following questions for Mike: 1. What price should the clinic charge for Managed Care #2 plan in order to break even? 2. What price should the clinic charge for Managed Care #2 plan in order to make a profit of 5 million dollars? 3. How sensitive is the price charge to volume change? (Hint: come up with several scenarios of increased/decreased total volumes, different volume composition in terms of different percentages of client groups etc. BE CREATIVE)