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You notice that annual housing rents decrease by $800 per unit for every mile traveling away from downtown Baltimore in a suburban ?
You notice that annual housing rents decrease by $800 per unit for every mile traveling away from downtown Baltimore in a suburban neighborhood with 0.25 acre lots. Assume that the interest rate is 4 percent, and the city boundary expands at 1 percent. Assume that the lot size and house size are fixed at all locations (i.e., no factor substitution as explained in Chapter 3).
Use your knowledge of Chapter 3 on “The Urban Land Market”.
6a. What is the slope of the housing rent per unit within the city? (5 points)
6b. What is the slope of the land price per acre within the city? (5 points)
6c. Farmland on the edge of the city boundary is selling for a price of $80,000 per acre. How much should you pay for a one acre vacant lot inside the city that is located 2 miles from the city boundary? (10 points)
3 AnswersRenting & Real Estate4 months agoA nursery operator is considering installing a wireless sensor network that will control irrigation automatically to keep moisture at a pres?
A nursery operator is considering installing a wireless sensor network that will control irrigation automatically to keep moisture at a preset level. She currently uses 80,000,000 gallons of water a year. The automated irrigation system will cut water use by one-half. The system requires an initial investment of $50,000 and will last 25 years. The nursery operator can finance this investment over a 25-year period at a fixed interest rate of 10%, compounded annually.
a. Calculate the annualized cost of the wireless sensor system.
b. Calculate the present value of the water savings if the nursery operator gets
water from a nearby river that costs $0.00015 per gallon.
c. Will investing in the automated irrigation system be profitable for this
Personal Finance8 months agoA nursery operator is considering installing a wireless sensor network that will control irrigation automatically to keep moisture at a ?
A nursery operator is considering installing a wireless sensor network that will control irrigation automatically to keep moisture at a preset level. She currently uses 80,000,000 gallons of water a year. The automated irrigation system will cut water use by one-half. The system requires an initial investment of $50,000 and will last 25 years. The nursery operator can finance this investment over a 25-year period at a fixed interest rate of 10%, compounded annually.
Personal Finance8 months agoA new ethanol plant is about to open in a farming area with 10,000 acres of corn divided equally among 10 farms. ?
A new ethanol plant is about to open in a farming area with 10,000 acres of corn divided equally among 10 farms. The new plant is expected to increase profit from corn sales by 10%. By how much (in dollars) will the new ethanol plant increase the price of a farm in this area if profit from corn currently averages $200 per acre and the interest rate is 2%
Personal Finance8 months agoHow do i find the point estimate for this random sample in excel and 95% confidence interval for a sample of 30 and how to redo it with n=20?
Let us conduct a study of daily sales on candy bars.
The data are contained in the “Dataset1.xlsx” under folder “Dataset” on the ELMS.
Those are the sales information of a restaurant from the past 200 days.
Please follow the instructions below and answer questions accordingly.
Randomly generate a sample with size equal to 30. (Show your work and steps. Make sure that we can reduplicate your result).
Compute your point estimators and compare with the population parameters. Use 95% confidence interval technique and explain your findings.
Randomly generate another sample with size equal to 20. (Show your work and steps. Make sure that we can reduplicate your result).
Compute your new point estimators and compare with the population parameters. Use 95% confidence interval technique and explain your findings.
Compare the two confidence intervals you derived. What do you see? Why?
can someone please explain each step on how to do this. I'm following the slides but it stops making sense after i put in the formula for a random number. Im not sure how to find my point estimate or confidence interval.
1 AnswerPersonal Finance1 year agoconsider the cost fucntion c(x)=6x^2+14x+18?
i just need help with part c and part d
part c says
let r(x)= -x^2+37x+38 denote the revenue in thousands of dollars generated from the production of x units what is the breakeven point (recall that the breakeven point is when revenue is equal to cost)
-i tried setting them equal but did not get the correct answer
part d
comute and compare the marginal revenue and margianl cost at the break even point should the company increaese production beyond breakeven point justify your answer using marginals
thank you for reading over this and helping!
1 AnswerMathematics3 years agoLast derivative problem please help?
2 AnswersMathematics3 years agoAnother Derivative problem please help?
1 AnswerMathematics3 years agofinding the derivative problem I posted a picture please help?
2 AnswersMathematics3 years agofind the number a based on the following information f(x)= -8x^4 f (a)= -32 Please help I have tried everything?
find the number a based on the following information
f(x)= -8x^4
f (a)= -32
6 AnswersMathematics3 years agoA forest ranger is in a forest 2 miles from a straight road. A car is located c miles down the road. The forest ranger can walk 3 miles per?
A forest ranger is in a forest 2 miles from a straight road. A car is located c miles down the road. The forest ranger can walk 3 miles per hour in the forest and travel 4 miles per hour along the road. In the picture below, the forest ranger walks in a straight line to a point x unit from the end of the road on the left, and then along the road.
The total travel time for the ranger to get to the car is the sum of the travel time in the forest and the travel time on the road. Write the total time T as a function of x, using the letter c for the distance from the end of the road on the left to the car.
Toward what point on the road should the ranger walk in order to minimize the travel time to the car if...
(a) c = 8 miles? (Numerical Answer ONLY)
c = 1/5 miles? Remember that the point must lie between the left end of the highway and the car. (Numerical Answer ONLY)
x =
Think about the case when c is an arbitrary number of miles. Toward what point should the ranger walk in this case?
1 AnswerGeography4 years agoAt 6 P.M. an oil tanker traveling west in the ocean at 20 kilometers per hour passes the same spot as a luxury liner that arrived at the?
At 6 P.M. an oil tanker traveling west in the ocean at 20 kilometers per hour passes the same spot as a luxury liner that arrived at the same spot at 5 P.M. while traveling north at 40 kilometers per hour. If the "spot" is represented by the origin, find the location of the oil tanker and the location of the luxury liner t hours after 5 P.M. Then find the distance D between the oil tanker and the luxury liner at that time.
At what time were the ships closest together? (Hint: Minimize the distance (or the square of the distance!) between them.)
The time is ______:____ round to the nearest min
1 AnswerMathematics4 years agoA crate open at the top has vertical sides, a square bottom, and a volume of 864 cubic meters. Using the labels?
A crate open at the top has vertical sides, a square bottom, and a volume of 864 cubic meters. Using the labels shown in the figure, write the surface area S as a function of x.
If the crate has the least possible surface area, find its dimensions.
x=_____ meters
y=______meters
z=_______meters
s''(x)______ value for your solution for x
1 AnswerMathematics4 years agohome / study / math / calculus / calculus questions and answers / the product of two numbers is 34. find the sum of the two numbers s(x)?
home / study / math / calculus / calculus questions and answers / the product of two numbers is 34. find the sum of the two numbers s(x) as a function of one ...
Question: The product of two numbers is 34. Find the sum of the two numbers S(x) as a function of one of th...
The product of two numbers is 34. Find the sum of the two numbers S(x) as a function of one of the numbers, x.
S(x) =
Find the positive numbers that minimize the sum and list them in increasing order:
(smaller number)=?
(larger number)=?
Let c be the smaller of the two numbers that minimize the sum. Then
c =?
S (c) = ? and
S"(c) = ?
1 AnswerMathematics4 years agoA culture contains 1000 bacteria initially and doubles every 30 minutes. Assuming that the rate of growth is proportional to the number of?
A culture contains 1000 bacteria initially and doubles every 30 minutes. Assuming that the rate of growth is proportional to the number of bacteria, find a function that models the number P(t) of bacteria after t minutes.
1 AnswerMathematics4 years agoIt is known that a certain kind of algae in the Dead Sea can double in population every 2 days.?
It is known that a certain kind of algae in the Dead Sea can double in population every 2 days. Suppose that the population of algae grows exponentially, beginning now with a population of 3,000,000.
) How long it will take for the population to quadruple in size?___ days
How long it will take for the population to triple in size?____ days
1 AnswerTrivia4 years agoSuppose an unknown radioactive substance produces 4800 counts per minute on a Geiger counter at a certain time, and only 600 counts per?
Suppose an unknown radioactive substance produces 4800 counts per minute on a Geiger counter at a certain time, and only 600 counts per minute 8 days later. Assuming that the amount of radioactive substance is proportional to the number of counts per minute, determine the half-life of the radioactive substance.
The radioactive substance has a half-life of
days.
1 AnswerChemistry4 years ago