A nursing administrators salary is $100,000 per year at a 100-bed facility. A major addition is added
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A nursing administrator’s salary is $100,000 per year at a 100-bed facility. A major addition is added to the nursing facility that increases the total bed count to 160. Assuming 100% occupancy rate and that the administrator’s salary remains the same, what is the decrease in the fixed cost per resident related to the administrator’s salary that is achieved as a result of the increased bed count?
Related Book For
Introductory Econometrics A Modern Approach
ISBN: 978-0324660548
4th edition
Authors: Jeffrey M. Wooldridge
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