Title: Suppose apartments are in four locations: Location A, Location B, Location C, and Location D. ... Post by: s.h_math on Oct 2, 2022 attached
Suppose apartments are in four locations: Location A, Location B, Location C, and Location D. Location A is in the city, where your job is. Location B is 10 minutes farther from your job than Location A. Location C is 10 minutes farther from your job than Location B, and Location D is 10 minutes farther than Location C. In turn, similar apartments in Location B rent for $175 less per month than apartments in Location A, apartments in Location C rent for $175 less than in Location B, and apartments in Location D rent for $175 less than in Location C. Suppose the value of your time is $22 per hour and you work 21 days per month, with each day requiring a round-trip commute from your apartment to work. For simplicity, assume rent and the opportunity cost of your time commuting to work are the only factors influencing the location in which to rent an apartment. You should rent an apartment in Title: Suppose apartments are in four locations: Location A, Location B, Location C, and Location D. ... Post by: bio_man on Oct 2, 2022 Does this help?
Title: Suppose apartments are in four locations: Location A, Location B, Location C, and Location D. ... Post by: s.h_math on Oct 2, 2022 Where exactly do you get 420 mins from?
Where do you get the rent? Title: Suppose apartments are in four locations: Location A, Location B, Location C, and Location D. ... Post by: bio_man on Oct 2, 2022 For 420, for example, multiply 20 * 21 = 420
Where do you get the rent? The question says B is 175 cheaper than A, C is 175 cheaper than B, and C is 175 cheaper than D. Therefore, if A is $625, B = 625 - 175, C = 625 - 175 - 175, etc. ... Does that help? Title: Suppose apartments are in four locations: Location A, Location B, Location C, and Location D. ... Post by: s.h_math on Oct 25, 2022 Bio man, I forgot how you get the rent for 625,was it just a random number you chose?
Title: Suppose apartments are in four locations: Location A, Location B, Location C, and Location D. ... Post by: bio_man on Oct 25, 2022 If you start at $100 for location D, add 175 for location C, 175 again for location B, and 175 for location A to get $625.
What chapter is this question from in your textbook? Title: Suppose apartments are in four locations: Location A, Location B, Location C, and Location D. ... Post by: s.h_math on Oct 25, 2022 how do you know to start at 100 for location D?
Title: Re: Suppose apartments are in four locations: Location A, Location B, Location C, and Location D. .. Post by: bio_man on Oct 25, 2022 I was under the impression that you can start at any value, and it won't change the final result. Try starting @ $200 and see if the final answer is any different.
Title: Re: Suppose apartments are in four locations: Location A, Location B, Location C, and Location D. ... Post by: s.h_math on Oct 25, 2022 kk
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