6. The population of Buffalo, NY doubled from 1845 to 1855. What do you think contributed A grain elevator is a facility that allows efficient scooping of grain from a vessel (boat, rail car), storing grain and distributing it to a (different kind of) vessel when necessary. The first steam-powered grain elevator was manufactured in 1843 in Buffalo, NY. Consider a simplified environment which reflects the choice of technology that Americans faced in the mid 19th century. The variable cost of transferring grain from a large vessel to a flatboat that is used on Erie canal is: 1)$10 per ton by a team of longshoremen; 2)$5 per ton if a grain elevator is used. However, there are also fixed costs of maintaining an elevator which are $100 per day