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How much acres of corn and wheat should the farmer produce

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Question - A farmer has 360 acres of land to plant corn and wheat and a $24,000 budget. To make 100 bushells of corn which is an acre is $120 and an acre of wheat which is 40 bushells is $60. The farmer can only have 18,000 bushells and wants to maximize profits. You can sell the 100bushells/acre of corn for $225 and an acre of wheat/40bushells for $100. How much acres of corn and wheat should the farmer produce to maximize profits but not go over the 18,000 bushell limit?

Reference no: EM132069635

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