Your farm encompasses 500 acres, and you are planning to grow soy beans, corn, and wheat in the coming planting season. Fertilizer costs per acre are: $5 for soy beans, $2 for corn, and $1 for wheat.You estimate that each acre of soy beans will require an average of 5 hours of labor per week, while tending to corn and wheat will each require an average of 2 hours per week. Based on past yields and current market prices, you estimate a profit of $3,000 for each acre of soy beans, $2,000 for each acre of corn, and $1,000 for each acre of wheat. You can afford to spend no more than $3,000 on fertilizer, and your farm laborers can supply 3,000 hours per week. How many acres of each crop should you plant to maximize total profits?

Question

?
You should plant __________ acre(s) of soy beans, __________ acre(s) of corn and __________ acre(s) of wheat.
?
In this event, will you be using all the available labor?

What will be an ideal response?

Answer 1

500; 0; 0; no