The Owner of Firewood to Go Is Considering Buying a Hydraulic

question 141

Multiple Choice

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. How many cords of wood would he have to split with this machine to make a profit of $30,000?

• A)3,200
• B)1,500
• C)2,000
• D)1,000
• E)500

---

Definitions:

Supply Curve

A diagrammatic representation that outlines the association between an item's market price and the supply level that vendors are inclined to sell at that price.

Supply

The total amount of a product or service that is available to consumers in the market.

Hypertensive Chronic Kidney Disease

A condition characterized by long-term kidney damage, primarily caused by high blood pressure, affecting the kidneys' ability to filter waste from the blood.

Stage 2

A classification often used in describing the extent and severity of diseases, notably cancer, indicating limited progression from the initial stage.