Question: 5.1. Explain the differences between fixed costs and variable costs. 5.2. What components make up total costs? 5.3. a. What is cost-volume-profit (CVP) analysis? b.

5.1. Explain the differences between fixed costs and variable costs.

5.2. What components make up total costs?

5.3. a. What is cost-volume-profit (CVP) analysis?

b. Why is it so useful to health services managers?

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