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Consider a farmer with total revenue of $500 per acre. The nonland cost of producing the goods is $100 per acre. It costs $40 per mile to ship one acre's worth of goods to market. Assume perfect competition for land.
a. What will the land rent be right next door to the market? Why?
b. What will the land rent be 4 miles away from the market? Why?
c. How far will the "market area" serving this market extend? Why?
d. Suppose that total revenue falls
What volume of a 0.1 M ClO- solution reacts stoichiometrically with a 10 mL solution of 0.2 M CrO2-? Use the reaction 2 CrO2- + 3 ClO- --> 2 CrO4-2 + 3 Cl- to assist in the calculation. You do not have to balance the oxygens and hydrogens in the r..
Imagine a unit of charge called the zorg. A chemist performs the oil drop experiment and measures the charge of each drop in zorgs.
A 23.0 ft tall cylindrical tank, which is closed at the top and bottom. The top of the tank is filled at a gauge pressure of 30.0 psig. The tank contains a crude oil with SG = 0.820 to a depth of 19.0 ft. If the atmospheric pressure is 1.02 atm, c..
When 2 mol of NOCl was heated to 225 C in a 400 L steel reaction vessel the NOCl partially decomposes according to the equation: 2NOCL -----> 2NO + Cl2 the pressure in the vessel after the reaction is 0.246 atm.
Hydrogen sulfide () is a common and troublesome pollutant in industrial wastewaters. One way to remove is to treat the water with chlorine
What is the purpose of putting anti-freeze in your car radiator? (Anti-freeze is usually Ethylene glycol)
Suppose you have two solutions to titrate with NaOH: (a) 10mL of 0.1 M HCl and (b) 10 mL of 0.1 M CH3COOH.
Write nuclear equations for electron capture by the following radioisotopes. 1. 62/30 Zn 2. 110/50 Sn 3. 40/19 K
What will be the final temperature of the water in an insulated container as the result of passing 5.00g of steam [H2O(g)] at 100.0 degreesC into 100.0 g of water at 25.0degreesC
If the partition coefficients for the DCM/water and DCM/bicarbonate systems were different, what was the reason
A piece of metal with a mass of 169 g is placed in a 50 mL graduated cylinder. The water level rises from 20. mL to 38 mL. What is the density of the metal?
A volume of 25.0mL of 1.00M C6H5COOH is titrated against a 0.100 M NaOH solution is added to it from a burette. Compute the pH values of the solution after
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