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Lectur8-page42 - production then we would plant corn because we would net $10 more per acre than planting soybeans.

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Now you would need to look at production costs of each crop: 3. If it costs greater than $40 more to grow soybeans, then you would choose to produce corn. If we find that soybean production is $50 per acre more expensive than corn
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Unformatted text preview: production, then we would plant corn because we would net $10 more per acre than planting soybeans....
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.

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