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The table shows total hospital production, total fixed cost and total variable cost at different levels of production. Marginal cost of production when hospital production
The table shows total hospital production, total fixed cost and total variable cost at different levels of production. Marginal cost of production when hospital production increases from 20,000 days of hospital stay to 25,000 days is Production or output of hospital Days of hospital stay Total fixed cost US $ Total variable cost US$ 5,000 5,000,000 3,000,000 10,000 5,000,000 5,800,000 15,000 5,000,000 8,400,000 20,000 5,000,000 10,800,000 25,000 5,000,000 13,000,000 30,000 5,000,000 15,000,00
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