Draw firms bid rent curve from x equal zero to x equal ten, Microeconomics

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Draw firms bid rent curve from x equal zero to x equal ten

Problem

Consider a manufacturing firm that occupies one hectare of land. The firm transports over half of its output on trucks via an interstate highway four miles east of the city center (x = 4), and transports less than half of its output on airplanes that leave from an airport seven miles east of the city center (x = 7). Draw the firm's bid rent curve from X = 0 to X = 10

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Microeconomics: Draw firms bid rent curve from x equal zero to x equal ten

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