Waverly Ltd produces commercial grade washing machines. The Karewasher is currently selling for $2000 per unit. The company wants to introduce a new model, Supawasher, which uses less water per load. The comparative life-time costs of the two models are as follow:
The economic value of a Supawasher (ignore time value of money) is:

A) $300.
B) $2300.
C) $2900.
D) $4900.

Economic Value

The worth of a good or service as determined by the market or the perceived benefit it provides compared to the cost of its production.

Commercial Grade

A level of quality or performance suitable for use in commercial applications, typically less refined or lower in quality than premium or industrial grades.

Comparative Costs

The analysis or comparison of the costs of different choices or actions to inform decision-making processes.