Your dental clinic provides 4,000 exams for private pay patients and 1,000 exams for members of a
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Question:
Your dental clinic provides 4,000 exams for private pay patients and 1,000 exams for members of a union.
Your fixed costs are $50,000 and your incremental cost is $49.
Private pay patients have a price elasticity of demand of -3.
If the union negotiated a fee of $45 instead,you would charge private pay patients$________
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