Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The data iven in the following table represents experimental results for com production per acre using different levels of imation water. Assume you are a

image text in transcribed
image text in transcribed
The data iven in the following table represents experimental results for com production per acre using different levels of imation water. Assume you are a comprower trying to determine how much irigation water to apply The price of com is $235 per bushel Use the data in the table to answer the following question Com Avents Marpal Ma Marina Marina Physical Coste Cost 56.00 Product Product Peact Costa Cout 500 5600 97) 2015 O 2 4 1:01 55 71 14 420 10 300 100 3.00 300 3.00 200 1211 951 799 399 3.5 600 600 10 15 35 129 109 95 1270 235 364 165 TE 400 14 600 6.00 16 300 100 15.00 1340 744 3000 8000 20 10 e all inputs other than igation water cost $21500 percre. At the profit making level of water use with com at $2 35 bushel and into water cost at $300 what is the profit Clou) per acre a 5308 53620 557 Od 593 120 The data given in the following table represents experimental results for com production per acre using different levels of img water Asute you are a com grower trying to determine how much irrigation water to apply. The price of com is $2.35 per bushel. Use the data in the table to answer the following question Com) Avenge Marginal Marginal M Maria Maria Martial Mart Physical lepot Input Rece Cost Court 53.00 5600 Product Product Product Cat Cost 560 10 554 0 2 4 1198 235 1:01 395 511 6.00 6.00 30 35 71 1933 1076 1160 1223 123 3.00 300 300 25 143 1:16 21 364 10 3:40 255 155 1270 1091 3157 600 600 600 600 215 21 TE 132 200 300 300 300 300 45 20 667 15200 74 60.00 - Asume all inputs other than irrigation water cost $215.00 percre. At the profit maximizing level of water with com a 52 35 bubel animation water cost $1.00ac in what is the profit (los) per acre? 5308 32/acre Ob 535 20/acre $57 acre od 593.3 The data iven in the following table represents experimental results for com production per acre using different levels of imation water. Assume you are a comprower trying to determine how much irigation water to apply The price of com is $235 per bushel Use the data in the table to answer the following question Com Avents Marpal Ma Marina Marina Physical Coste Cost 56.00 Product Product Peact Costa Cout 500 5600 97) 2015 O 2 4 1:01 55 71 14 420 10 300 100 3.00 300 3.00 200 1211 951 799 399 3.5 600 600 10 15 35 129 109 95 1270 235 364 165 TE 400 14 600 6.00 16 300 100 15.00 1340 744 3000 8000 20 10 e all inputs other than igation water cost $21500 percre. At the profit making level of water use with com at $2 35 bushel and into water cost at $300 what is the profit Clou) per acre a 5308 53620 557 Od 593 120 The data given in the following table represents experimental results for com production per acre using different levels of img water Asute you are a com grower trying to determine how much irrigation water to apply. The price of com is $2.35 per bushel. Use the data in the table to answer the following question Com) Avenge Marginal Marginal M Maria Maria Martial Mart Physical lepot Input Rece Cost Court 53.00 5600 Product Product Product Cat Cost 560 10 554 0 2 4 1198 235 1:01 395 511 6.00 6.00 30 35 71 1933 1076 1160 1223 123 3.00 300 300 25 143 1:16 21 364 10 3:40 255 155 1270 1091 3157 600 600 600 600 215 21 TE 132 200 300 300 300 300 45 20 667 15200 74 60.00 - Asume all inputs other than irrigation water cost $215.00 percre. At the profit maximizing level of water with com a 52 35 bubel animation water cost $1.00ac in what is the profit (los) per acre? 5308 32/acre Ob 535 20/acre $57 acre od 593.3

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Of Capital Applications And Examples

Authors: Shannon P. Pratt, Roger J. Grabowski, Richard A. Brealey

5th Edition

1118555805, 9781118555804

More Books

Students also viewed these Finance questions