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a farmer can grow wheat or corn. The unit profits for a bushel of each are the same. To grow wheat (W) and Corn (C).
a farmer can grow wheat or corn. The unit profits for a bushel of each are the same. To grow wheat (W) and Corn (C). the farmer requires four inputs factors: Capital (K), Land (L), Fertilizer (A) and Fertilizer (B). the shadow price (the increase in total profit) of relaxing the A-fertilizer constraint by one unit is?
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