A firm that produces potato chips occupies four hectares - id109668931 от kenz2797 05.09.2021 12:13

Question

Business: A firm that produces potato chips occupies four hectares of land. The firm produces 10 tons of output per day and sells its output at a price of $240 per ton on the export market. The firm does not engage in factor substitution as the price of land changes. Intra-urban transportation is on trucks, with a unit cost of $12 per ton per mile. The firm’s non-land cost is $560 per day. The firm exports its output via circumferential highway (i.e., beltway around the city). That is, it wants to be near

kenz2797 · Accepted Answer

the options are missing, so I looked for a similar question (see attached image):

option B option D

Explanation:

the equivalent ratios for pie crust and water are:

²/₃ : 3 (normal recipe)

⁴/₃ : 6 (double recipe)

if we equal both ratios:

²/₃ : 3 = ⁴/₃ : 6 we get option B (²/₃ / 3 = ⁴/₃ / 6)

if we reciprocate both sides (we basically flip them), then:

3 : ²/₃ = 6 : ⁴/₃, we get option D (3 / ²/₃ = 6 / ⁴/₃)

A recipe for pie crust calls for 2/3 cip of water for every 3 cups of flour. If you doubled the reci

A firm that produces potato chips occupies four hectares of land. The firm produces

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