Answer:
Step-by-step explanation:
First let's identify decision variables:
X1 - acres of corn
X2 - acres of tobacco
Bradley needs to maximize the profit, MAX = 300X1 + 520X2
The Bradley family owns 410 acres, X1+X2≤410
Each acre of corn costs $105, each acre of tobacco costs $210
The Bradleys have a budget of $52,500
So 105X1 +210X2≤52,500
There is a restriction on planting the tobacco - 100acres
X2≤100
Also, since outcomes can be only positive, X1X2 ≥0
So, what we have:
MAX = 300X1 + 520X2
X1+X2≤410
105X1 +210X2≤52,500
X2≤100
X1X2 ≥0