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3. [-/2.5 Points] DETAILS WANEFM7 5.3.028. 0/6 Submissions Used MY NOTES ASK YOUR TEACHER Your farm encompasses 1,000 acres, and you are planning to
3. [-/2.5 Points] DETAILS WANEFM7 5.3.028. 0/6 Submissions Used MY NOTES ASK YOUR TEACHER Your farm encompasses 1,000 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 $4,500 for each acre of soybeans, $3,000 for each acre of corn, and $1,500 for each acre of wheat. You can afford to spend no more than $6,000 on fertilizer, and your farm laborers can supply 6,000 hours per week. How many acres of each crop should you plant to maximize total profits? soybeans corns wheat acre(s) acre(s) acre(s) In this event, will you be using all the available labor? Yes No Need Help? Read It Watch It Submit Answer
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