North Park Nellie has 320 acres of fenced, grass pasture meadow. Historically she has hayed the meadow, averaging 0.9 ton of hay per acre, but earlier this fall she fertilized the meadow at a cost of $ 49 per acre and expects a 1.2 ton average yield next summer. She feeds 185 ton to her cows and expects to sell the remainder at $ 180 per ton. She figures it costs her $ 75 per ton to put up (harvest) her hay. Last week a neighbor stopped in and offered to rent this pasture from Nellie to run his steers on next summer at $ 180 per acre. Nellie is reluctant to rent it out, however, because she will have to buy 240 ton of lower quality hay at $200 per ton to feed her cows next winter. Using a partial budget determine what Nellie should do. Decreased Cost Increased Revenue Total Positive Changes Decreased Revenue Increased Cost Total Negative Changes Incremental Profit: Nelly lease the property. Now that you've constructed the partial budget, determine the price of purchased replacement hay at which Nellie would be indifferent between renting the meadow and haying it herself.