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The Owner of Firewood to Go Is Considering Buying a Hydraulic

Question 156

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 break even?


A) 5,000
B) 3,000
C) 2,000
D) 1,000
E) 0

Correct Answer:

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