Van Siclen Farms plants only corn and soybeans on their 4,000-acre fields. The corn yields a profit of $160 per acre, and the soybean profit is $340 per acre. This year the owners have decided to plant no more than 2,400 acres of corn and no more than 3,200 acres of soybeans. How many acres of each crop should the
Chapter 9, Application 9.9 #7
Van Siclen Farms plants only corn and soybeans on their 4,000-acre fields. The corn yields a profit of $160 per acre, and the soybean profit is $340 per acre. This year the owners have decided to plant no more than 2,400 acres of corn and no more than 3,200 acres of soybeans. How many acres of each crop should the owners plant in order to maximize their profit? What is that maximum profit?
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a. The profit per acre for each crop is given by: $160(yield) + $340(price)/2 = $500/acre Profit per…View the full answer
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