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Set up the general form of the LP model for the following word problem.A cash grain farmer in Central Iowa has 600 acres of cropland available on which she plans to grow corn and soybeans in the spring of 2011. She has made some budgets, which take into account corn (x) and soybeans (y). The gross margin for corn is $40 per acre and for soybeans is $45 per acre. She has a maximum of 750 hours of tractor time available in the last half of May at the peak planting periods for both crops. It takes 1 hour per acre for field operations for corn (x) and 1.5 hours per acre for soybeans (y). The maximum acreage she can use for corn is 400 acres. Her sole objective is to select a cropping plan that will maximize net returns for this set of conditions in 2011.
1. graph the consumption and savings functionsc 100 0.6y and s -100 0.4ya what is the equilibrium level of national
Easy Living Corporation manages a 1000-unit rental apartment complex. If rent is set at $2,000 a month, the complex would have a 90 % occupancy rate. A 100 % occupancy rate is achieved by reducing the rent to $1,800 a month
Explain Karl Marx's role in economics 100 words or more.
write a three to four 3-4 page paper that addresses the questions below.debate whether or not economics apply to health
price nbsp nbsp nbsp nbsp nbspnbsp quantity
These multiple choice questions related to Economics. The first question is about statement about a week being the long run and the second question is about marginal product being equal to average product.
if the demand schedule for bongs book is q 2000-100p the cost of having the book typeset is 9000 and the marginal cost
The inflation rate over a 10 year period for an item that now costs $1000 is shown below Year 1, 10% Year 2, 0% Year 3, 10% Year 4, 0% Year 5, 10% Year 6, 0% Year 7, 10% Year 8, 0% Year 9, 10% Year 10, 0% What will be the cost at the end of year 1..
What is the effect of an increase in the minimum wage on the price of a McDonald's hamburger? What is the effect of an increase in the earned income tax credit on the price of a McDonald's hamburger?
How does an increase in the price of widgets affect the: And describe the effects in detail?
Suppose Microsoft chooses to produce 80 million copies of the software per year and sells copies of the software to retailers at $199 per copy. Now consider the problem of a retailer like Circuit City or Best Buy. Such retailers can sell as many c..
topic this position paper is about the role of multinational corporations in business government and society. the
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