A farmer grows either corn or wheat on her 1057-acre farm

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A farmer grows either corn or wheat on her 1,057-acre farm. Initially, the prices of both are equal to $207 per acre harvested.

The farmer initially grows 1,057 acres of wheat and 0 acres of corn. Suppose the price of corn increases by $102 per acre harvested.

How much does the farmer's revenue change by if she continues to grow wheat even after the price of corn increases?

Reference no: EM13375224

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