What is the net price of a log received by the lumberjack

Reference no: EM132200460

Question: Imagine a heavily forestedlinear island that is 60 miles long. There are sawmills at milemarkers 10, 30, and 50. Lumberjacks all over the island cut down logs, which are then floated to the sawmills(one lumberjack can only float one log at a time), where they are cut into lumber. At the sawmills, lumberjacks receive two gold pieces per log. Transportation costs are 1/8 of a gold piece per round-trip mile. What is the net price of a log received by the lumberjack living at mile marker 0? Draw this system of sawmills, with the mile markers on the horizontal and the net price received by lumberjacks on the vertical axis.

Reference no: EM132200460

Questions Cloud

What is the optimal holding of demand deposits : What is the optimal holding of demand deposits according to Baumol's square-root rule? Find also the number of transfers made over the year.

What is the concentration of the original h3po4 solution : If 30.0 mL of 0.15 M Ba(OH)2 was needed to neutralize 50.0 mL of an H3PO4 solution. What is the concentration of the original H3PO4 solution?

Calculate the ph of the best buffer : You have a 250.0 mL sample of 0.25 M HF acid (Kg = 7.2 x 10-4). Calculate the pH of the best buffer.

How many times each word appears in the list : Write a Java program that allows the user to input a list of words, separated by whitespace.

What is the net price of a log received by the lumberjack : Imagine a heavily forestedlinear island that is 60 miles long. There are sawmills at milemarkers 10, 30, and 50. Lumberjacks all over the island cut down logs.

How do you find the atomic mass of an element : How do you find the atomic mass of an element? How do you find the atomic number of an element?

What changes could occur to prevent from happening : If the Baumol hypothesis is correct concerning local government finances, and if the price elasticity of demand for local services is inelastic.

Simulate a random number generator for mega millions numbers : Write Java code to simulate a Random Number Generator for Mega Millions Numbers.

What mass of this solution should be used to completely : What mass of this solution should be used to completely dissolve 6.75 g Al in the reaction below? 2 Al(s) + 6 HCl(aq) ? 2 AlCl3(aq) + 3 H2(g)

User Account

All Pages