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Part III: Problem solving (3 pts. each) 1. Calculate the following break-even values: Yield/Acre Variable Fixed B/E Price over VCB/E Price over Costs/Acre Costs/Acre TC

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Part III: Problem solving (3 pts. each) 1. Calculate the following break-even values: Yield/Acre Variable Fixed B/E Price over VCB/E Price over Costs/Acre Costs/Acre TC Corn 120 $360 $120 a.) b.) a .) b.) 2. Given the following tableau, what is the maximized level of profit? corn amount answer 24920 500 280 1 obj land labor capital answer soybean cattle type 114 202 1 Ole 15 1.8 0.5 le 125 280 327 le 0 0 36000 35000 280

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