Bob grows corn. Last year she grew 2,000 pounds of corns in a year while using 250 square feet of land and 1 worker. This year s
he doubled her land to 500 square feet, doubled her workers to 2, and grew 4,500 pounds of corns. She sells her rare, organic corns for $50 a pound. She pays her a worker $25,000 a year and rents her land for $100 per square foot for a year. What was Bob's total cost last year and this year?
She spends $25,000 on her worker for the year ans another $25,000($100 for each sq ft × 250sq fts) on land rent for one year, culminating to $50,000 per year. The cost is same for both year because there was no increment or decrement to her costs
