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Assume that Clarks Clinic has fixed costs of $1 million and a total cost forecast of $1.5 million at a volume of 20,000 patient visits.
Assume that Clarks Clinic has fixed costs of $1 million and a total cost forecast of $1.5 million at a volume of 20,000 patient visits. What is the clinics underlying cost structure?
(please show all work, thank you!)
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