Question: Please Show work will upvote The optimal solution has been determined by running Excel solver (see the answer report below): S=21.43 acres T=28.57 acres Maximum

Please Show work will upvote

Please Show work will upvote The optimal solution

Please Show work will upvote The optimal solution

The optimal solution has been determined by running Excel solver (see the answer report below): S=21.43 acres T=28.57 acres Maximum profit contribution is $17,142.86 In other words, to obtain the maximum profit contribution of $17,142.86 the farmer should plant 21.43 acres of strawberries and 28.57 acres of tomatoes Question 1: How high would the profit contribution per acre for strawberries have to be for the grower to use the entire 50 acres for strawberries alone? hint: review the problem and use common serse; you do NOT meed to do any math or calculations to answer this question. Use the sensitivity report below to answer questions 2 2,3 , and 4 Question 2: What is the marginal value of an additional ton of fertilizer? Question 3: What is the marginal value of an additional acre of land? Question 4: The farmer has 2 alternatives to consider: - Farmer can rent 30 acres from the farm to the noth of property at a cost $200 per acre per season. - The owner of the adjoining farm on the south side has offered the grower $290 per acre per season. What should the farmer do? How much should the farmer rent out to the south or rent from the north (if at all)? Note that the farmer can ETTHER rent from nonth OR rent to south but not both. In other words, there is no option to do a financial transaction of renting land from north at $200 and renting it out to south for $290 (?)

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