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Assume that Lab Clinic has fixed costs of $5,000,000 and a total cost forecast of $6,000,000 at volume of 50,000 patient visits. What is the
Assume that Lab Clinic has fixed costs of $5,000,000 and a total cost forecast of $6,000,000 at volume of 50,000 patient visits. What is the clinic's variable cost rate? a) $20 b) $25 c) $15 d) $10
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