Your marketing department estimates the medicare urology


Your marketing department estimates the Medicare urology visits equal 5-(1.0*C)+(-6.5*T)+(5*Tr)+(0.01*Y). Here C denotes the medicaid co-payment (now $20), T is waiting time in your clinic (now 30 minutes), Tr is waiting time in your competitors clinic (now 40 minutes), and Y is per capita income (now $40,000). a. How may visits do you anticipate? b. Medicaids allowed fee is $120. What revenue do you anticipate? c. What might change your forecast of visits and revenue?

Request for Solution File

Ask an Expert for Answer!!
Business Economics: Your marketing department estimates the medicare urology
Reference No:- TGS01417417

Expected delivery within 24 Hours