A price setter is " a business that has the powers to set the market prices for its good and services "( Gapenski, 2012, p 221). Therefore a health care provider with a large market dominance can set the prices of their services(within reason). It would be beneficial for a health care I situation to be a proce setter s oops ode to the price taker.
Marginal cost pricing is the marginal cost of one additional unit of output( 222). Under this scenerio,in health care the additional cost of the goods or service is covered by payment associated with the existing patient base. Under this scenario thee additional unit, or patient care services, can been looked at as profit.
In the scenario where a health care institution is cos=snide ring payment
Marginal cost pricing is the marginal cost of one additional unit of output( 222). Under this scenerio,in health care the additional cost of the goods or service is covered by payment associated with the existing patient base. Under this scenario thee additional unit, or patient care services, can been looked at as profit.
In the scenario where a health care institution is cos=snide ring payment