A farmer in the Midwest has 1,000 acres of land on which she intends to plant corn, wheat, and…

A farmer in the Midwest has 1,000 acres of land on which she intends to plant corn, wheat, and…

A farmer in the Midwest has 1,000 acres of land on which she intends to plant corn, wheat, and soybeans. Each acre of corn costs $100 for preparation, requires 7 worker-days of labor, and yields a profit of $30. An acre of wheat costs $120 to prepare, requires IO worker-days of labor, and yields $40 profit. An acre of soybeans costs $70 to prepare, requires 8 worker-days, and yields $20 profit. The farmer has taken out a loan of $80,000 for crop preparation and has contracted with a union for 6,000 worker-days of labor. A midwestern granary has agreed to purchase 200 acres of corn, 500 acres of wheat, and 300 acres of soybeans. The farmer has estab­lished the following goals, in order of their importance:

A farmer in the Midwest has 1,000 acres of land on which she intends to plant corn, wheat, and…

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