Wombat World Is a Small Zoo Displaying Native Animals

question 33

Multiple Choice

Wombat World is a small zoo displaying native animals. The entrance fee is $15 per person. Variable costs of running the zoo are $8 per visitor and fixed costs are $200,000 per annum. The number of visitors that would be needed to make a profit of $20,000 per annum is:

• A)1,333.
• B)31,429.
• C)14,667.
• D)27,500.

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