Your farm encompasses 500 acres, and you are planning to growsoybeans, corn, and wheat in the coming planting season. Fertilizercosts per acre are: $5 for soybeans, $2 for corn, and $1 for wheat.You estimate that each acre of soybeans will require an average of5 hours of labor per week, while tending to corn and wheat willeach require an average of 2 hours per week. Based on past yieldsand current market prices, you estimate a profit of $10,500 foreach acre of soybeans, $7,000 for each acre of corn, and $3,500 foreach acre of wheat. You can afford to spend no more than $3,000 onfertilizer, and your farm laborers can supply 3,000 hours per week.How many acres of each crop should you plant to maximize totalprofits?
| soybeans | acre(s) |
| corn | acre(s) |
| wheat | acre(s) |
In this event, will you be using all the available labor?
Yes No
