On a Small Island, Papayas Can Only Be Sold in the Market

question 2

Multiple Choice

On a small island, papayas can only be sold in the market in the center of the island.Although papayas only cost $1 to raise, they can be sold in the market for $3.But it costs $.10 per kilometer to transport each papaya to market.If an acre of land grows 200 papayas, how much rent does an acre of land 4 kilometers from the market command?

• A)$302
• B)$320
• C)$240
• D)$262
• E)None of the above.

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