Fun Time Inc

question 94

Multiple Choice

Fun Time Inc. uses the same property and equipment to provide skiing services for six months during the winter and mountain roller boarding for six months during the summer. Monthly revenue and cost figures during the summer and winter months for Fun Time are shown below. Fun Time's $1,000 monthly fixed costs will be incurred as long as it remains in business.

Which of the following should Fun Time do if it wants to maximize its annual profit?

• A) operate in both the winter and summer
• B) operate in the summer, but shut down during the winter
• C) operate in the winter, but shut down during the summer
• D) go out of business immediately

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Definitions:

Mandatory

Required by law or rules; obligatory, leaving no option for non-compliance.

First-Listed Code

The first-listed code in ICD coding is the diagnosis code that is primarily responsible for the admission or encounter of a patient.

Discharge Diagnosis

The final determination of the patient's condition made by medical professionals at the time of discharge from a medical facility.

Suspected Diagnosis

An initial judgment on a patient's condition based on the symptoms presented, awaiting confirmation through further tests.