Answer:
- 2: $23,240
- 3: $23,240
- 4: $23,240
Explanation:
You want to know the total sales value of 2, 3, or 4 lots per hectare, when each lot is sold for $23,240 per hectare.
Sales value
If lots are sold a the rate of $23,240 per hectare, it does not matter how many lots a hectare is divided into. Each hectare will have a total value of $23,240, regardless of the number of lots.
For example, if the hectare is divided into 10 lots, each will sell for ...
$23,240/10 = $2324.
The total value of those 10 lots is ...
10 × $2324 = $23,240.
Replacing 10 by N gives the same result:
N × ($23,240/N) = $23,240
Total sales values are $23,240 for any number of lots.