A Farm Co-Op Has 6,000 Acres Available to Plant with Corn

question 112

Multiple Choice

A farm co-op has 6,000 acres available to plant with corn and soybeans. Each acre of corn requires 9 gallons of fertilizer/herbicide and 0.75 hour of labor to harvest. Each acre of soybeans requires 3 gallons of fertilizer/herbicide and 1hour of labor to harvest. The co-op has available at most 40,508 gallons of fertilizer/herbicide and at most 5,250 hours of labor for harvesting. Find the maximum profit if the profits per acre are $65 for corn and $50 for soybeans. Round your answer to the nearest cent if necessary. ​

• A)$262,500.00
• B)$356,270.00
• C)$363,365.75
• D)$333,730.00
• E)$345,000.00

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Definitions:

Ethical Concern

Issues or situations that require a person or organization to choose between alternatives that must be evaluated as right (ethical) or wrong (unethical).

Organisational Analysis

A systematic study of an organization's structure, functions, and dynamics to identify areas of improvement or development.

External Environment

Factors outside an organization that can affect its performance, including economic, political, social, and technological aspects.

Moral Principles

Fundamental beliefs regarding what is right and wrong that serve as a foundation for ethical behavior and decision-making.