Doctor J. is considering purchasing a new blood analysis machine to test for HIV; it will cost $60,000. He estimates that he could charge $25.00 for an office visit to have a patient's blood analyzed, while the actual cost of a blood analysis would be $5.00.
What would be his profit if he were to perform 5,000 HIV blood analyses?
A. $0
B. $40,000
C. $60,000
D. $25,000
E. $100,000
How many HIV blood analyses would he have to perform in order to break even?
A. 12,000
B. 2,400
C. 3,000
D. 1,000
E. 5,000