Your farm encompasses 900 acres, and you are planning to grow soybeans, corn, and wheat in...

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Your farm encompasses 900 acres, and you are planning to grow soybeans, corn, and wheat in the coming planting season. Fertilizer costs per acre are: $5 for soybeans, $2 for corn, and $1 for wheat. You estimate that each acre of soybeans will require an average of 5 hours of labor per week, while tending to corn and wheat will each require an average of 2 hours per week. Based on past yields and current market prices, you estimate a profit of $12,000 for each acre of soybeans, $8,000 for each acre of corn, and $4,000 for each acre of wheat. You can afford to spend no more than $5,400 on fertilizer, and your farm laborers can supply 5,400 hours per week. How many acres of each crop should you plant to maximize total profits? soybeans acre(s) acre(s) acre(s) comms wheat In this event, will you be using all the available labor? Yes No Your farm encompasses 900 acres, and you are planning to grow soybeans, corn, and wheat in the coming planting season. Fertilizer costs per acre are: $5 for soybeans, $2 for corn, and $1 for wheat. You estimate that each acre of soybeans will require an average of 5 hours of labor per week, while tending to corn and wheat will each require an average of 2 hours per week. Based on past yields and current market prices, you estimate a profit of $12,000 for each acre of soybeans, $8,000 for each acre of corn, and $4,000 for each acre of wheat. You can afford to spend no more than $5,400 on fertilizer, and your farm laborers can supply 5,400 hours per week. How many acres of each crop should you plant to maximize total profits? soybeans acre(s) acre(s) acre(s) comms wheat In this event, will you be using all the available labor? Yes No

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x acres for soyabean 22 acres for corn 73 acres for wheat Total profit Z 2120002 800... View the full answer