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

question 76

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 100 procedures are performed?

• A)$16,000 or 40 times
• B)$20,000 or 50 times
• C)$24,000 or 60 times
• D)$40,000 or 100 times
• E)$50,000 or 110 times

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Definitions:

Mass Market

The mass market refers to a large, undifferentiated market of consumers with widely varied backgrounds who might be interested in purchasing similar products.

Digital Marketing Channels

Platforms or mediums used to promote products or services online, including social media, email, search engines, and websites.

Internet

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Organizational Buyers

Entities such as businesses, governments, and institutions that purchase products or services for their own use, for production, or for resale.