To maximize the amount of profit realized from a rate increase, charges should be increased most in
departments with:
(a) High charge payer mix/high write-offs for bad debt, charity, and discounts
(b) Low charge payer mix/low write-offs for bad debt, charity, and discounts
(c) High charge payer mix/low write-offs for bad debt, charity, and discounts
(d) Low charge payer mix/high write-offs for bad debt, charity, and discounts
What would the answer be?
departments with:
(a) High charge payer mix/high write-offs for bad debt, charity, and discounts
(b) Low charge payer mix/low write-offs for bad debt, charity, and discounts
(c) High charge payer mix/low write-offs for bad debt, charity, and discounts
(d) Low charge payer mix/high write-offs for bad debt, charity, and discounts
What would the answer be?