Break-even point

Assignment Help Macroeconomics
Reference no: EM131101941

Cedars Hospital has average revenue of $180 per patient day. Variable costs are $45 per patient day; fixed costs total $4,320,000 per year.

a. How many patient days does the hospital need to break even?

b. What level of revenue is needed to earn a target income of $540,000?

c. If variable costs drop to $36 per patient day, what increase in fixed costs can be tolerated without changing the break-even point as determined in part (a)?

Reference no: EM131101941

Calculate the inflation rate and the growth rate of money

If the velocity of circulation is growing at one percent a year, the real interest rate is two percent a year, the nominal interest rate is seven percent a year, and the gro

Statements regarding medical school

All of the following questions or statements regarding medical school are positive except: A) How do changes in expected future incomes affect the decisions of medical student

Economic growth and expected profit in recession

Suppose that the car manufacturer allows the car dealer to return all unsold cars at the end of a recessionary year. What is the car dealer's profit in a growth year and in

Determining the corresponding numbers

Suppose that last year consumption was $570 billion, tax receipts were $240 billion, and income was $900 billion. The corresponding numbers for this year are $600 billion, $

How fiscal policy would affect aggregate demand

Can you explain how FISCAL POLICY (making changes to government spending and taxes) would affect Aggregate Demand (AD) How do these two mechanisms of expansionary policy dif

Perfectly price discriminate on a continuous level

a) If the firm must charge the same price to both consumers, show that q1 = 400/3 and q2 = 200/3 and find the firm's profit b) Now assume the firm can perfectly price discrim

The school violate the first amendment

Determine whether this statement and resulting action by the school violate the First Amendment. Provide support for your answer: Smith, a student at Osceola High School, crea

What has the action to do with regulation and coase theorem

In 2003, conservation groups paid western cattlemen to move their herds away from wild buffalo herds so that the buffalo would have more feed and not have to compete with th


Write a Review

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd