Question

A strawberry farmer will receive $38 per bushel of strawberries during the first week of harvesting. Each week after that, the value will drop $0.80 per bushel. The farmer estimates that there are approximately 118 bushels of strawberries in the fields, and that the crop is increasing at a rate of four bushels per week. When should the farmer harvest the strawberries (in weeks) to maximize their value? (Assume that "during the first week of harvesting" here means week 1.)

A. ________Weeks

How many bushels of strawberries will yield the maximum value?

B. _______Bushels

What is the maximum value of the strawberries (in dollars)?

C_________$

Answer #1

A strawberry farmer will receive $28 per bushel of strawberries
during the first week of harvesting. Each week after that, the
value will drop $0.70 per bushel. The farmer estimates that there
are approximately 128 bushels of strawberries in the fields, and
that the crop is increasing at a rate of four bushels per week.
When should the farmer harvest the strawberries (in weeks) to
maximize their value? (Assume that "during the first week of
harvesting" here means week 1.)...

A farmer estimates that if he digs his potato crop now he will
have 120 bushels which he will be able
to sell for $1 per bushel. If he waits, the crop will grow by 20
bushels per week while the price will
drop by $0.10 per bushel per week. When should he dig his crop to
maximize his return?

14. A purely competitive wheat farmer can sell any wheat he
grows for $20 per bushel. His five acres of land show diminishing
returns because some are better suited for wheat production than
others. The first acre can produce 1,000 bushels of wheat, the
second acre 900, the third 800, and so on.
a. Fill in the table below to answer the following questions.
How many bushels will each of the farmerâ€™s five acres produce? How
much revenue will each...

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