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The Owner of Firewood to Go Is Considering Buying a Hydraulic

question 202

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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 $100 per cord to purchase and split wood with this machine, while he can sell each cord of split wood for $125. What would the potential profit be if he were to split 4,000 cords of wood with this machine?


Definitions:

Evenly Colored

Having uniform coloration without variation or shading across a surface.

Ordinary Mole

A common, small, pigmented skin lesion, benign in nature, but monitored for changes that could indicate malignancy.

Melanoma

A form of skin cancer originating from melanocytes, which are cells responsible for pigment production.

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