Gus Has 20 Acres of Land in Cultivation and Is

question 12

Multiple Choice

Gus has 20 acres of land in cultivation and is currently planting both soybeans and peanuts.The last acre planted in soybeans yielded 20 bushels,and the last bushel of soybeans added $0.50 to Gus's total revenue.The last acre planted in peanuts yielded 10 bushels and the last bushel of peanuts added $1 to Gus's total revenue.Gus:

• A)is maximizing profit.
• B)should devote more acres to soybeans and fewer to peanuts.
• C)should devote more acres to peanuts and fewer to soybeans.
• D)should devote 10 acres to each crop.

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Definitions:

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