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Maximization applications A farmer has 100 acres of land on which she plans to grow wheat...

Maximization applications

A farmer has 100 acres of land on which she plans to grow wheat and corn. Each acre of wheat requires 4 hours of labor and $20 of capital, and each acre of corn requires 16 hours of labor and $40 of capital. The farmer has at most 800 hours of labor and $2400 of capital available. If the profit from an acre of wheat is $80 and from an acre of corn is $100, how many acres of each crop should she plant to maximize her profit?

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Expert Solution

The given question can be solved by the Linear programming approach to maximize a function under different constraints.

I have a detailed complete solution to this problem, hope it helps. Please do upvote if you found the solution helpful. Feel free to ask any doubt regarding this question in the comment section. Thanks!

milcah answered 2 years ago
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