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Waterbrook Farm includes 240 acres of cropland. The farm owner wishes to plant this acreage in both corn and soybeans. The profit oer acre in corn production is $325 and in soybeans in $180. A total of 320 hours of labor is available. Each acre of corn requires 2 hours of labor, whereas each acre of soybeans requires 1 hour of labor.

What would the farm’s profits be if they planted only corn???

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Answer:

Maximizing Profit. Waterbrook Farm includes 240 acres of cropland. The farm owner wishes to plant this acreage in both corn and soybeans. The profit per acre in corn production is $325 and in soybeans is $180.A total of 320 hr of labor is available. Each acre of corn requires 2 hr of labor, whereas each acre of soybean requires 1 hr of labor. How should the land be divided between corn and soybeans in order to yield the maximum profit? What is the maximum profit?

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