Source A Source B Average distance, gravel pit to dam site 3 km 1.2 km Gravel cost/m at pit P10 Purchase price of pit P800,000 Road construction necessary P450,000 Overburden to be removed at P4.20/m³ 90,000m Hauling cost/m/km P4 P4 Which of the 2 sites will give the lesser cost?
Source A Source B Average distance, gravel pit to dam site 3 km 1.2 km Gravel cost/m at pit P10 Purchase price of pit P800,000 Road construction necessary P450,000 Overburden to be removed at P4.20/m³ 90,000m Hauling cost/m/km P4 P4 Which of the 2 sites will give the lesser cost?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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a certain masonry dam requires 200000 cubic meters of gravel for its construction. the contractor found to possible sources for the gravel with the following data
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