what is decreased revenue Should farmer Buddy grow 40 more acres of soybeans and 40 less acres of corn? Use the following information to complete a partial budget. One acre of soybeans generates $210/acre One acre of corn generates $220/acre Cash costs for one acre of corn are $113/acre Cash costs for one acre of soybeans are $54/acre Labor is valued at $8/hour One acre of corn uses 4.7 labor hours One acre of soybeans uses 4.1 labor hours.

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To determine the impact on revenue if Farmer Buddy grows 40 more acres of soybeans and 40 fewer acre... View the full answer