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A corn farmer has 687 acres of high yield corn. Each year he can plan on getting 11.0 inches of rain during the growing
A corn farmer has 687 acres of high yield corn. Each year he can plan on getting 11.0 inches of rain during the growing season. The corn needs 2.69 feet of water to recover the yields the farmer needs to turn a -2 profit on the seed and fuel costs. The water costs the farmer $2.5 x 10 per cubic foot of water. How much money should the farmer budget to irrigate their fields of corn?
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Step 1 Given area of field 687 acres 29925720 squarefeet Water provided by rain 1...
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Basic Business Statistics Concepts And Applications
Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel
12th Edition
132168383, 978-0132168380
