Examlex
When assessing the appropriateness of adopting WL COWs for a nursing unit,you need to consider the advantages,which include:
IRR
Internal Rate of Return represents a financial measure for assessing the potential profitability of investments.
Marginal Cost
The cost added by producing one additional unit of a product or service.
Average Total Cost
Calculated as the total cost of production (fixed plus variable costs) divided by the total output, indicating the average cost per unit produced.
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