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What is maximum profit from farm when fertilizer a is used

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Reference no: EM13879106

Global climate change models frequently suggest that some areas will experience changes in the levels of expected rainfall. Assume that for this Alabama farm, these cli- mate models estimate that less rainfall will occur such that the water demand for each of the crops is going to increase by 50% as more irrigation water is needed. Assuming that farm can still obtain 220,000 m3 of irrigation water what is the maximum profit from the farm when Fertilizer A is used and not used? Provide the selling price for the use of Fertilizer A given this situation.

Reference no: EM13879106

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