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using the relationship between the market for soybeans and the individual profitability of any single farmer you explored in this problem set, why soybean prices

image text in transcribedusing the relationship between the market for soybeans and the individual profitability of any single farmer you explored in this problem set, why soybean prices have fallen and why that is bad for the value of farm land as well as tractor sales.

please anwser in paragraph form. please type

" E - VI " Q PROBLEM SET 07: FARMER JONES AND SOYBEANS EQUILP AVC-1 MC-1 AVC-2 MC-2 * * 36 INDUSTRY QUANTITY DMD-P1 SUPP-P1 0 $ 48.00 $ 2 $ 46.00 $ 6.00 4 $ 44.00 $ 12.00 6 $ 42.00 $ 18.00 8 $ 40.00 $ 24.00 10 $ 38.00 $ 30.00 12 $ 36.00 $ 36.00 14 $ 34.00 $ 42.00 16 $ 32.00 $ 48.00 18 $ 30.00 $ 54.00 20 $ 28.00 $ 60.00 22 $ 26.00 $ 66.00 24 $ 24.00 $ 72.00 26 $ 22.00 $ 78.00 28 $ 20.00 $ 84.00 30 $ 18.00 $ 90.00 32 $ 16.00 $ 96.00 34 $ 14.00 $ 102.00 36 $ 12.00 $ 108.00 38 $ 10.00 $ 114.00 40 $ 8.00 $ 120.00 42 $ 6.00 $ 126.00 44 $ 4.00 $ 132.00 46 $ 2.00 $ 138.00 48 $ $ 144.00 * FIRM P=MR 36 36 36 36 36 36 36 36 36 36 36 36 36 36 36 36 36 36 36 36 36 36 36 36 36 * 12 20 28 36 44 52 60 68 76 84 92 100 TC-1 100 108 132 172 228 300 388 492 612 748 900 1068 1252 1452 1668 1900 2148 2412 2692 2988 3300 3628 3972 4332 4708 TVC-1 ATC-1 0 8 54 32 33 72 28.667 128 28.5 200 30 288 32.333 392 35.143 512 38.25 648 41.556 800 45 48.545 1152 52.167 1352 55.846 1568 59.571 1800 63.333 2048 67.125 2312 70.941 2592 74.778 2888 78.632 3200 82.5 3528 86.381 3872 90.273 4232 94.174 4608 98.083 968 PROFIT 2 -75 -5 53 105 149 185 213 233 245 249 245 233 213 TC-2 75 79 91 111 139 175 219 271 331 399 475 559 651 751 859 975 1099 1231 1371 1519 1675 1839 2011 2191 2379 TVC-2 ATC-2 0 4 39.5 16 22.75 36 18.5 64 17.375 100 17.5 144 18.25 196 19.357 256 20.688 324 22.167 400 23.75 484 25.409 576 27.125 676 28.885 784 30.679 900 32.5 1024 34.344 1156 36.206 1296 38.083 1444 39.974 1600 41.875 1764 43.786 1936 45.705 2116 47.63 2304 49.563 4 8 12 16 20 24 28 32 36 40 44 48 52 56 60 64 68 72 76 80 84 88 92 96 TR 0 74 144 216 288 360 432 504 576 648 720 792 864 936 1008 1080 1152 1224 1296 1368 1440 1512 1584 1656 1728 2 4 6 8 10 12 14 16 18 20 22 24 26 28 30 32 34 36 38 40 42 44 46 48 * PROFIT 1 -100 -34 12 44 60 60 44 12 -36 -100 -180 -276 -388 -516 -660 -820 -996 -1188 -1396 -1620 -1860 -2116 -2388 -2676 -2980 2 6 10 14 18 22 26 30 34 38 42 46 50 54 58 62 66 70 74 78 82 86 90 94 * 108 185 * * * 116 124 132 140 148 156 164 172 180 188 98.083 149 105 53 -7 -75 -151 -235 -327 -427 -535 -651 * * " E - VI " Q PROBLEM SET 07: FARMER JONES AND SOYBEANS EQUILP AVC-1 MC-1 AVC-2 MC-2 * * 36 INDUSTRY QUANTITY DMD-P1 SUPP-P1 0 $ 48.00 $ 2 $ 46.00 $ 6.00 4 $ 44.00 $ 12.00 6 $ 42.00 $ 18.00 8 $ 40.00 $ 24.00 10 $ 38.00 $ 30.00 12 $ 36.00 $ 36.00 14 $ 34.00 $ 42.00 16 $ 32.00 $ 48.00 18 $ 30.00 $ 54.00 20 $ 28.00 $ 60.00 22 $ 26.00 $ 66.00 24 $ 24.00 $ 72.00 26 $ 22.00 $ 78.00 28 $ 20.00 $ 84.00 30 $ 18.00 $ 90.00 32 $ 16.00 $ 96.00 34 $ 14.00 $ 102.00 36 $ 12.00 $ 108.00 38 $ 10.00 $ 114.00 40 $ 8.00 $ 120.00 42 $ 6.00 $ 126.00 44 $ 4.00 $ 132.00 46 $ 2.00 $ 138.00 48 $ $ 144.00 * FIRM P=MR 36 36 36 36 36 36 36 36 36 36 36 36 36 36 36 36 36 36 36 36 36 36 36 36 36 * 12 20 28 36 44 52 60 68 76 84 92 100 TC-1 100 108 132 172 228 300 388 492 612 748 900 1068 1252 1452 1668 1900 2148 2412 2692 2988 3300 3628 3972 4332 4708 TVC-1 ATC-1 0 8 54 32 33 72 28.667 128 28.5 200 30 288 32.333 392 35.143 512 38.25 648 41.556 800 45 48.545 1152 52.167 1352 55.846 1568 59.571 1800 63.333 2048 67.125 2312 70.941 2592 74.778 2888 78.632 3200 82.5 3528 86.381 3872 90.273 4232 94.174 4608 98.083 968 PROFIT 2 -75 -5 53 105 149 185 213 233 245 249 245 233 213 TC-2 75 79 91 111 139 175 219 271 331 399 475 559 651 751 859 975 1099 1231 1371 1519 1675 1839 2011 2191 2379 TVC-2 ATC-2 0 4 39.5 16 22.75 36 18.5 64 17.375 100 17.5 144 18.25 196 19.357 256 20.688 324 22.167 400 23.75 484 25.409 576 27.125 676 28.885 784 30.679 900 32.5 1024 34.344 1156 36.206 1296 38.083 1444 39.974 1600 41.875 1764 43.786 1936 45.705 2116 47.63 2304 49.563 4 8 12 16 20 24 28 32 36 40 44 48 52 56 60 64 68 72 76 80 84 88 92 96 TR 0 74 144 216 288 360 432 504 576 648 720 792 864 936 1008 1080 1152 1224 1296 1368 1440 1512 1584 1656 1728 2 4 6 8 10 12 14 16 18 20 22 24 26 28 30 32 34 36 38 40 42 44 46 48 * PROFIT 1 -100 -34 12 44 60 60 44 12 -36 -100 -180 -276 -388 -516 -660 -820 -996 -1188 -1396 -1620 -1860 -2116 -2388 -2676 -2980 2 6 10 14 18 22 26 30 34 38 42 46 50 54 58 62 66 70 74 78 82 86 90 94 * 108 185 * * * 116 124 132 140 148 156 164 172 180 188 98.083 149 105 53 -7 -75 -151 -235 -327 -427 -535 -651 * *

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