The cost of building an office complex, x floors high, in a prime location in Accra is made up of three components: GH¢10 million for the land GH¢1/4 million per floor Specialized costs of GH¢10000x per floor. How many floors should the office complex contain if the average cost per floor is to be minimized
The cost of building an office complex, x floors high, in a prime location in Accra is made up of three components: GH¢10 million for the land GH¢1/4 million per floor Specialized costs of GH¢10000x per floor. How many floors should the office complex contain if the average cost per floor is to be minimized
Chapter4: Economic Evaluation In Health Care
Section: Chapter Questions
Problem 7QAP
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- The cost of building an office complex, x floors high, in a prime location in Accra is made up of three components:
- GH¢10 million for the land
- GH¢1/4 million per floor
- Specialized costs of GH¢10000x per floor.
How many floors should the office complex contain if the average cost per floor is to be minimized?
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