If the borrow cost is 5.50 pesos and the haul cost is 2.50 pesos per meter, what is the economic haul length?

To determine the economic haul length, you can use the formula that relates the borrow cost and the haul cost. The economic haul length is calculated by dividing the borrow cost by the haul cost.

In this scenario, the borrow cost is given as 5.50 pesos, and the haul cost is 2.50 pesos per meter. The economic haul length can be computed as follows:

Economic Haul Length = Borrow Cost / Haul Cost

Economic Haul Length = 5.50 pesos / 2.50 pesos per meter

Economic Haul Length = 2.20 meters

However, since the result is expressed in terms of length, we need to convert meters into an appropriate unit for comparison against the provided choices. By taking into account that perhaps we need the answer in a larger unit or simplistically, this usually translates to 2.20 meters representing a number of lengths, thus we can multiply by 100 to convert to centimeters, or recognize that it's fundamental to adhere to simple ratios under practical applications.

This approach leads to an economic scale, that when applied preserves relationships or proportions leading towards common references in grading or needed material transfers, often leading us to appreciate the standard haul ratios more thoroughly demonstrated in real-world practices