How much nitrogen fertilizer per acre

Reference no: EM131015757

If w pounds per acre of nitrogen fertilizer are spread on a corn field the yield is

210 - 4100/w+24

bushels of corn per acre. Corn sells for $4.00 per per bushel and fertilizer costs $0.45 per pound. All other costs of growing and harvesting the corn total $600 per acre, and don't depend on the amount of fertilizer used.

A. How much nitrogen fertilizer per acre should the farmer use to maximize his net dollar return per acre?

B. If the farmer uses the optimum amount of fertilizer what will be his net dollar return per acre?

Reference no: EM131015757

Questions Cloud

Job income worth in today dollars : You have been offered a temporary job and will be having a cash inflow of $300 in two months from now, $400 in 4 months, and $1,000 in 6 months. Whenever you receive the payments, you plan to deposit in MSUFCU savings account, paying 12% of annual..

Problem regarding the financing arrangements : An office building is available for sale in Parma Heights. Cash flows from rent amount to $53,000 per year, every year, for the next ten years. Financing arrangements are made to borrow at 6.85%. The cost to buy the buidling is $350,000. Calculate..

Features of a harmonic motion : Features of a harmonic motion due to mass - shows that the mass per forms harmonic motion when released.

What is direction of polarization of electromagnetic wave : At time t = 0 s, the wave strikes your paper at normal incidence. The magnetic field vector at point O in the figure points in the -y direction and has a magnitude of 4.0 x 10-8 T. The frequency of the wave is 1.0 x 1016 Hz. What is the direction o..

How much nitrogen fertilizer per acre : How much nitrogen fertilizer per acre should the farmer use to maximize his net dollar return per acre? If the farmer uses the optimum amount of fertilizer what will be his net dollar return per acre?

Difference between primary markets and secondary market : What is the difference between primary markets and secondary markets?

How fast is the radius of the base changing : Suppose when r = 5m,h = 10m and the height is decreasing by 5 m/s, you are told that the volume is increasing by 8π m3/s. How fast is the radius of the base changing?

What is the wavelength in nanometers : A source of green light has a frequency of 6.2 x 1014 Hz. What is the wavelength in nanometers (nm) and in

Highly coupled module difficult to unit test : Why is a highly coupled module difficult to unit test?

User Account

All Pages