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In our discussion on Hospital expenses I emphasized thinking of both rate and volume for any specific type of expense. Which of the following are
In our discussion on Hospital expenses I emphasized thinking of both rate
and volume for any specific type of expense. Which of the following are
examples of this concept?
For administrative salary cost, volume is the number of administrators and rate
is the total salary expense
For nursing salary cost, volume is how many patients a nurse can take and rate
is the average hourly rate paid to those nurses
For surgical hip implant cost, volume is the number of cases done at the
Hospital and rate is how much each implant costs.
Both a and c
Both and
Both a and
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