Many hospitals break out the payment for a radiologist's service into two components: the radiologist's time interpreting x-rays and the hospital's charge for producing the x-rays. After doing so, they decide to contract out the service of producing the x-rays. This is most likely because
A) economies of scale exist in x-ray production.
B) diseconomies of scale exist in x-ray production.
C) cost shifting is possible.
D) radiologists historically have been able to price discriminate.
E) the hospital is more efficient at producing x-rays.
Correct Answer:
Verified
Q8: Hospital costs per patient day over the
Q9: Comparing hospital cost per day over time
Q10: The Balanced Budget Act of 1971 imposed
Q11: It is generally more expensive for hospital
Q12: When comparing accounting vs. economic costs, the
Q14: A specialty hospital opens up with 50
Q15: Accounting costs are usually lower than economic
Q16: Long term planning in building a flexible
Q17: The cost per patient day at Hospital
Q18: Long run cost functions
A) are comprised of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents