Assume that 1 Gallon of fuel-grade ethanol has a value of $4. Assume that NJIT has a
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Assume that 1 Gallon of fuel-grade ethanol has a value of $4. Assume that NJIT has a yearly revenue of $2 Billion (it doesn't, but assume it does). Compare the ratio of NJIT revenue per acre to the ratio of ethanol revenue per acre. Do these results explain (or help explain) why you seldom see large commercial farms in dense urban areas? What would other reasons possibly be? Note, you *may* need to look up physical property information to solve this problem!
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Vector Mechanics for Engineers Statics and Dynamics
ISBN: 978-0073212227
8th Edition
Authors: Ferdinand Beer, E. Russell Johnston, Jr., Elliot Eisenberg, William Clausen, David Mazurek, Phillip Cornwell
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