Use the Information Below to Answer the Following Question(s)

question 94

Multiple Choice

Use the information below to answer the following question(s) .Dr.Mickey Finn performs a certain procedure for $400.00.The fixed costs are $8,000 and variable costs are $200.00 per procedure.
-What is the margin of safety assuming the procedure is performed 200 times?

• A)$80,000
• B)$64,000
• C)$40,000
• D)$32,000
• E)$16,000

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Definitions:

Greater Good

A philosophical concept that refers to the outcome or decision that benefits the most people or society at large, often used in ethical discussions.

Utilitarian

An ethical theory that posits the best action is the one that maximizes utility, often defined as maximizing happiness and reducing suffering.

Majority

Majority refers to more than half of a specific group or quantity, often used to describe the greater part of a population or collection.

Virtue

Moral excellence or righteousness, characterized by adherence to moral principles like honesty, compassion, and courage.