The cost function for Kat's Cosmetics is: TC = $800 + 0.375 × Revenue. If Kat expects after-tax income of $600 and the tax rate is 40%, what is the firm's margin of safety?
A) $3,200
B) $2,000
C) $2,880
D) $5,760

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The Answer of The cost function for Kat's Cosmetics is: TC = $800 + 0.375 × Revenue. If Kat expects after-tax income of $600 and the tax rate is 40%, what is the firm's margin of safety?
A) $3,200
B) $2,000
C) $2,880
D) $5,760

The Cost Function for Kat's Cosmetics Is: TC = $800