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(If you see a "No jsMath TeX fonts found" error box at the top of this page, click the
button in the error box.)A developer has 60 acres for a new subdivision of townhouses, single-story houses, and two-story houses. On one acre he can put 6 townhouses, 4 single-story houses, or 2 two-story houses. It costs $40,000 to build a townhouse, $50,000 for a single-story house, and $60,000 for a two-story house. He makes a profit of $15,000 on a townhouse, $18,000 on a single-story house, and $20,000 on a two-story house. He has $2,880,000 of capital available. Townhouses require 2,500 hours of labor, single-story houses require 3,000 hours of labor, and two-story houses require 4,000 hours of labor. He has 240,000 hours of labor available.
Last modified: Wednesday, 01-Feb-2023 08:32:07 EST