Question

A farmer is creating a budget for planting soybeans and wheat. Planting soybeans costs $200 per acre and planting wheat costs $500 per acre. He wants to spend no more than $100,000 planting soybeans and wheat. What is the "multiplier" for soybeans? ​

Answer 1

Answer:

5 acres < soybeans < 495

2 acres < wheat < 198 acres

Step-by-step explanation:

If farmer plans to plant minimum of soybeans, it should be 5 acres of soybeans costing $1000. The remaining cost of $98,000 will be available for maximum of wheat, i.e., 198 acres of wheat.

Similarly, if we go for minimum possible planting for wheat, it should be 2 acres, and then resulting in 495 acres for soybeans

5 acres < soyabeans < 495

2 acres < wheat < 198 acres