This data is used for four questions, this is the third.

Wawa is considering expanding an existing non-Super Wawa to add fuel pumps, which will require a large capital investment just to get underway. You are an Analyst for Wawa, and you are assigned to set up a spreadsheet to model this business operation to aid in the decision. You are told there would be an additional fixed cost (FC) per day of $1,000 to pay for additional property taxes and payback for fuel operations equipment at this proposed new location. Once the location is opened, the variable cost per day, per gallon is $2.45. The expected revenue (R) per gallon of fuel sold is projected to be $4.05. Let (x) be the number of gallons sold per day.

(c) Using these data, write a mathematical expression for total profit (TP) per day.

Multiple Choice

• TP = 1,000 2.45x

• TP = 1,000 4.05x

• TP = 4.05x 1,000

• TP = 4.05x 1,000 2.45x