A Farmer Has 240 Feet of Fencing and Wants to Build

question 5

Multiple Choice

A farmer has 240 feet of fencing and wants to build two identical pens for his prize-winning pigs. The pens will be arranged as shown. Determine the dimensions of a pen that will maximize its area.

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Definitions:

Costs And Benefits

This is an analysis approach that compares the potential outcomes and implications, in terms of costs and benefits, of an action or decision.

Marginal Social Benefit

The extra advantage to society that comes from using an additional unit of a product or service.

Marginal Social Cost

The total cost to society of producing one additional unit of a good, including both private costs and externalities.

Pollution

The presence in or introduction into the environment of substances or things that have harmful or poisonous effects.