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The owner of Firewood To Go is considering buying a hydraulic wood splitter which sells for $50,000.He figures it will cost an additional $150 per cord to purchase and split wood with this machine,while he can sell each cord of split wood for $200. If,for this machine,design capacity is 50 cords per day,effective capacity is 40 cords per day,and actual output is expected to be 32 cords per day,what would be its efficiency?
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