Question

It costs Widgeco $2,000 to purchase a machine that produces widgets and $2.75 to produce each widget. If widgets are sold for $4.99 each, which of these represents the profit, P(w), received when Widgeco sells w widgets?

Answer 1

Answer:

• C. P(w) = 2.24w - 2000

Step-by-step explanation:

Starting point is - $2000 as this is spending

Income is calculated as:

• -2.75w + 4.99w = 2.24w

So the profit formula is:

• P(w) = 2.24w - 2000

Correct option is C from below answer choices

The options are:

• A . P(w) = 2.24w + 2,000
• B.  P(w) = 7.74w + 2,000
• C.  P(w) = 2.24w – 2,000
• D.  P(w) = 7.74w – 2,000