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Assume that a radiology group practice has sthe following cost structure: Fixed Cost $500,000 Variable cost per procedure $25 Furthermore assume that the group expects

Assume that a radiology group practice has sthe following cost structure:

Fixed Cost $500,000

Variable cost per procedure $25

Furthermore assume that the group expects to perform 7,500 precedures in the coming year.

a. What is the groups underlying cost structure?

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