Question: A local physician is considering purchasing a new blood analysis machine to test for valley fever; it will cost $100,000. He estimates that he could

A local physician is considering purchasing a new

A local physician is considering purchasing a new blood analysis machine to test for valley fever; it will cost $100,000. He estimates that he could charge $75.00 for an office visit to have a patient's blood analyzed, while the actual cost of a blood analysis would be $25.00. If this new blood analysis machine has a design capacity of 10,000 and an effective capacity of 7,500 blood analyses per year, and the physician expects to perform 5,000 blood analyses each year, what will be the efficiency of this machine? 81.25% 75% 66.67% 62.5%

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