If the value of a crop is $31 per bushel and a production practice costs $11.50 per acre, which of the following yield increases would make the production profitable?

Prepare thoroughly for the Nebraska Certified Crop Advisor Test with interactive flashcards and multiple choice questions. Each question is equipped with hints and explanations to assist you. Be ready to ace your exam!

To determine which yield increases would make the production practice profitable, we need to calculate the additional revenue generated by each yield increase option and compare that to the cost of the practice.

The cost of the production practice is $11.50 per acre.

  1. For an increase of 2 bushels per acre, the additional revenue would be:
  • 2 bushels/acre x $31/bushel = $62.00 per acre.

  • Profit = $62.00 - $11.50 = $50.50 per acre (profitable).

  1. For an increase of 3 bushels per acre, the additional revenue would be:
  • 3 bushels/acre x $31/bushel = $93.00 per acre.

  • Profit = $93.00 - $11.50 = $81.50 per acre (profitable).

  1. For an increase of 4 bushels per acre, the additional revenue would be:
  • 4 bushels/acre x $31/bushel = $124.00 per acre.

  • Profit = $124.00 - $11.50 = $112.50 per acre (profitable

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy