Mathematics, 22.08.2019 00:00 johnsonkia873
Afarmer owns a 2000-acre farm and can plant any combination of two crops, a and b. crop a requires 1 person-day of labor and $90.00 of capital for each acre planted, while crop b requires 2 person-days and $60.00 of capital for each acre planted. crop a produces $170.00 in revenue per acre, and crop b produces $190.00 in revenue per acre. the farmer has $150,000.00 of capital and 3000 person-days of labor available for the year. how many acres of each crop should the farmer plant in order to maximize the total revenue?
Answers: 1
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