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    Statistics: Maximizing farmer profits of growing fodder for

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    A farmer, in the business of growing fodder for livestock, has 90 acres for planting alfalfa and corn. The cost of seed per acre is $4 for alfalfa and $6 for corn. The total cost of labor will amount to $20 per acre for alfalfa and $10 per acre for corn. The expected income is $110 per acre from alfalfa and $150 per acre from corn. If the farmer cannot spend more than $480 for seed and $1400 for labor, how many acres of each crop should be planted to obtain the mximumn profit?

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    Solution Preview

    A farmer, in the business of growing fodder for livestock, has 90 acres for planting alfalfa and corn. The cost of seed per acre is $4 for alfalfa and $6 for corn. The total cost of labor will amount to $20 per acre for alfalfa and $10 ...

    Solution Summary

    Maximizing farmer profits of growing fodder are examined. A complete, neat and step-by-step solution is provided in the attached file.

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