Think Break 3 Answer Fill in the VMP column in the table using 2 bu for the corn price VMP p x MP What is the profit maximizing N fertilizer rate if the N fertilizer price is 02 lb Where VMP r 02 ID: 773772
Download Presentation The PPT/PDF document "Think Break #3: Answer" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.
Think Break #3: Answer Fill in the VMP column in the table using $2/bu for the corn price. VMP = p x MPWhat is the profit maximizing N fertilizer rate if the N fertilizer price is $0.2/lb? Where VMP = r = 0.2 N lbs/AYieldbu/AMPVMP030---25450.61.250751.22.4751051.22.41001351.22.41251500.61.21501650.61.22001700.10.2250160-0.1-0.2
Think Break #3: Answer