How much would cost to fence in four square miles

Assignment Help Macroeconomics

Reference no: EM13183143

There are economies of scale in ranching, especially with regard to fencing land. Suppose that barbed-wire fencing costs $10,000 per mile to set up. How much would it cost to fence a single property whose area is one square mile if that property also happens to be perfectly square, with sides that are each one mile long? How much would it cost to fence exactly four such properties, which together would contain four square miles of area? Now, consider how much it would cost to fence in four square miles of ranch land if, instead, it comes as a single large square that is two miles long on each side. Which is more costly-fencing in the four, one-square-mile properties?

Reference no: EM13183143

Questions Cloud

Define what is the concentration : When a sample of PCl5(g) (0.1612 mol/L) is placed in 35.00 L reaction vessel at 878.0 K and allowed to come to equilibrium the mixture contains 3.122 mol of PCl3(g)

How do active and passive views of these concepts differ : Explain how the short-run Phillips curve, the long-run Phillips curve, the short-run aggregate supply curve, the long-run aggregate supply curve, and the natural rate hypothesis are all related. How do active and passive views of these concepts d..

Mobile devices can certainly run big part of company : Mobile devices can certainly run a big part of a company but not to its entirety. Mobile devices are used to keep employees connected to each other and it also keeps they updated with emails and current events. I work for the 4th largest mobile compa..

Complete and balance the equation redox reaction : redox reaction NO2- is oxidized to NO3 and Ag is reduced to Ag. Complete and balance the equation for this reaction in basic solution

How much would cost to fence in four square miles : There are economies of scale in ranching, especially with regard to fencing land. Suppose that barbed-wire fencing costs $10,000 per mile to set up. How much would it cost to fence a single property whose area is one square mile if that property a..

Explain what is a significant obstacle when using osmometry : What is a significant obstacle when using osmometry to determine molar masses for compounds with very high molar masses? A. The osmotic pressures may be too high to measure.

HR software supplier and maintenance services : There are several important questions to ask during the selection process such as does the HR software supplier offer support and maintenance services? If so, what is the cost? How could the answer to this question impact the decision? (150 words)

How much interest will the government pay each year : At a 10 percent rate of interest, how much interest will the government pay each year? d) If this same budget deficit occurs for a second year, what would the national debt become? And at a 10 percent rate of interest, now how much interest would ..

The henderson and hasselbalch equation to compute the ph : Use the Henderson and Hasselbalch equation to calculate the pH of a buffer solution that is 0.45 M in NH4Cl and 0.15 M in NH3

User Account

All Pages