Legal Question in Real Estate Law in Pennsylvania

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?


Asked on 2/22/12, 10:01 pm

1 Answer from Attorneys
John Davidson Law Office of John A. Davidson

Huh? Why are you asking lawyer's a math question? Where is the legal question here?

{John}

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Answered on 2/23/12, 6:40 am


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