A doctor's office charges no-show patients $30 if they do not cancel their appointment 24 hours ahead of the appointment because:
A) insurance will pay the no-show fee anyway.
B) the appointment time and associated revenue is perishable, and the doctor may lose revenue.
C) the doctor's office does a poor job of forecasting demand.
D) the no-show price of $30 can be added to medical fees for reimbursement.
Correct Answer:
Verified
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