Question
2017 19 Millon widgets were sold revunue for these widgets were 140 million dollars the average price for a widget was
Answers
GPT-4o mini
To find the average price per widget, you can use the formula:
\[
\text{Average Price per Widget} = \frac{\text{Total Revenue}}{\text{Total Number of Widgets Sold}}
\]
In this case, the total revenue is $140 million, and the total number of widgets sold is 19 million.
Plugging in the values:
\[
\text{Average Price per Widget} = \frac{140,000,000 \text{ dollars}}{19,000,000 \text{ widgets}} \approx 7.3684 \text{ dollars per widget}
\]
So, the average price for a widget in 2017 was approximately $7.37.
\[
\text{Average Price per Widget} = \frac{\text{Total Revenue}}{\text{Total Number of Widgets Sold}}
\]
In this case, the total revenue is $140 million, and the total number of widgets sold is 19 million.
Plugging in the values:
\[
\text{Average Price per Widget} = \frac{140,000,000 \text{ dollars}}{19,000,000 \text{ widgets}} \approx 7.3684 \text{ dollars per widget}
\]
So, the average price for a widget in 2017 was approximately $7.37.