Annual cost to operate farm B well with cost of natural gas $2.50 per 1,000 cubic feet and uses of 10000cubic feet of natural gas per year is $25.
As given,
Farm A:
Cost of natural gas per 1,000 cubic feet=$2.50
Farm B:
Uses of natural gas per year = 10000cubic feet
Cost of natural gas of farm B is same as farm A
Cost of natural gas per 1,000 cubic feet=$2.50
⇒1cubic feet=2.50/1000
Annual cost to operate 200ft well that uses 10000 cubic feet natural gas
10000 cubic feet=(2.50 ×10000)/1000
=$25
Therefore, annual cost to operate farm B well with cost of natural gas $2.50 per 1,000 cubic feet and uses of 10000cubic feet of natural gas per year is $25.
The complete question is:
Farm A has a 100 ft well that uses 7,000 cubic feet of natural gas per year. If the cost of natural gas for farm A is $2.50 per 1,000 cubic feet. And farm B has a 200 ft well that uses 10000 cubic feet of natural gas per year. if the cost of natural gas is the same a farm A, what is the annual cost to operate this well?
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