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    son83's Avatar
    son83 Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 22, 2012, 11:04 PM
    Real estate question
    Variables Good A Good B Good C
    Price (P) 6 8 3
    Quantity (Q) 100 100 300
    Total wage (W) 250 390 150
    Interest cost (I) 50 50 550
    Transportation (t) 0.20 0.40 0.15
    Question1:
    A. What will be produced where if only good A and B are produced?
    B. What would be the impact of the transportation cost of good A increasing to 0.40?
    Question2:
    A. Redo the land allocation assuming that all 3 goods are competing for land?
    B. If the transportation cost of good C decreases to 0.05, what is the resulting spatial
    Distribution of land use
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Feb 23, 2012, 04:22 AM
    Thank you for asking our help with your homework assignment. However, there are some rules we have for doing so.
    Do not simply retype or paste a question from your book or study material

    We won't do your homework questions for you. You were given the assignment for you to learn.

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