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A farmer is deciding what crop to plant in this area for the next growing season

Economics

A farmer is deciding what crop to plant in this area for the next growing season. The local

agricultural college has provided the following data (in $100):  <18 pts>

                Cost                Income/acre        Estimated

Crop       per acre             at 100% Yield         Yield (%)

  A           $32                       $42                     85

  B             43                         78                     66

  C            18                         23                     92

Using a 250-acre plot as an example (subtract 10% for unusable areas of the ?eld), which crop should

be planted this year, and what is the total pro?t for that crop?

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