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If the cost of nitrogen is $0.25 per pound and the corn price is $3.25 per bushel, use the information in the table plus what

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If the cost of nitrogen is $0.25 per pound and the corn price is $3.25 per bushel, use the information in the table plus what you have learned in this course to determine how much nitrogen to apply to maximize profits. Pounds of Bushels of Nitrogen Corn per MVP MC per Acre Acre MP (MP x price) (per bushel) 0 100 30 110 10 $32.50 $0.75 60 125 15 $48.75 $0.50 90 136 11 $35.75 $0.68 120 145 9 $29.25 $0.83 150 150 5 $16.25 $1.50 180 152 2 $6.50 $3.75 210 147 -5 $16.25 -$1.50

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