Question: A farmer must decide what combination of seed, water, fertilizer, and pest control will be most profitable for the coming year. The local agricultural college
A farmer must decide what combination of seed, water, fertilizer, and pest control will be most profitable for the coming year. The local agricultural college did a study of this farmer's situation and prepared the following table. Plan Cost/acre Income/acre

The last page of the college's study was torn off, and hence the farmer is not sure. Which plan the agricultural college recommends. Which plan should the farmer adopt? Explain.
Plan Cost/acre Income/acre S 600 $ 800 A 1500 1900 1800 2250 D 2100 2500
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Plan AProfit Income Cost 800 600 200acre Plan BPr... View full answer
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