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A company is researching mining at four different land areas using different types of equipment. The table below shows the costs of land, equipment, mining, and reclamation for the four locations:
Locations
Cost of land
Cost of equipment
Cost of mining and reclamation
Time taken to mine the area
1
$100,000
$10,000
$5,000 per day
30 days
2
$35,000
$6,000
$4,500 per day
45 days
3
$30,000
$7,500
$3,500 per day
120 days
4
$40,500
$8,000
$7,000 per day
65 days

Which location will cost the least for mining and reclamation at the end of the mining period?

Location 1
Location 2
Location 3
Location 4

Respuesta :

Answer:

Location 4 (it says most, not least)

Explanation:

The table clearly shows that the cost of mining and reclamation is highest for location 4 (7000 × 65 = $ 4,55,000) hence the cost of mining and reclamation will be most in location 4.

Mining is a process in which a person digs a location to find something.

The correct answer is A.

According to the question, we have to choose the option which costs less and reclaim the location.

After solving the question, we have to find the total cost by multiplying the per-day price by the total days of work.

[tex]5000*30 = 150000[/tex]

After eliminating all the price we still have 40000 as profit,

Hence, the correct answer is A.

For more information, refer to the link:-

https://brainly.com/question/20293447

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