(a) Let X1 = # of acres of corn and X2 = # of acres of tobacco
Corn Tobacco Resources Available
Land 1 1 <= 410
Budget 105 210 <= 52500
Govt. Restriction 0 1 <= 100 Government Restriction
Do the Bradleys use the entire 100 acre tobacco allotment?
(‘c) Should the Bradleys’ lease extral land from their neighbor at $110 per acre?
What is the maximum price the Bradleys’ should pay their neighbor? And how much land shoud they lease?
# of acres of land
(d) For each dollar they borrow , how much additional profit will they make?
If they borrowed a additional $1000, would the number of acres of corn and tobacco they plant change?
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