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02 May 2026, 06:39
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Greatest Profit: Cropland
Least Profit: Machinery
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A farmer wants to allocate her expenditures to maximize her profits during the coming year.
Let:
C = spending on cropland
L = spending on labor
S = spending on seed
M = spending on machinery
F = spending on fertilizer
She has estimated that, if she allocates at least 100 euros to each category, then her profit during the coming year will be:
(C - 97)(L - 92)(S - 95)(M - 87)(F - 90)
Assume that she currently spends 100 euros on each category.
Task:
Select the category to which she should allocate an additional euro to maximize profit.
Select the category to which she should allocate an additional euro to minimize profit.
Let:
C = spending on cropland
L = spending on labor
S = spending on seed
M = spending on machinery
F = spending on fertilizer
She has estimated that, if she allocates at least 100 euros to each category, then her profit during the coming year will be:
(C - 97)(L - 92)(S - 95)(M - 87)(F - 90)
Assume that she currently spends 100 euros on each category.
Task:
Select the category to which she should allocate an additional euro to maximize profit.
Select the category to which she should allocate an additional euro to minimize profit.
Archived Topic
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| Greatest Profit | Least Profit | Category |
| Cropland | ||
| Labour | ||
| Seed | ||
| Machinery | ||
| Fertilizer |
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Greatest Profit: Cropland
Least Profit: Machinery
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02 May 2026, 06:48
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This question is discussed here:
https://gmatclub.com/forum/a-farmer-wan ... 26657.html
Hope it helps.
Archived Topic
Hi there,
This topic has been closed and archived due to inactivity or violation of community quality standards. No more replies are possible here.
Where to now? Join ongoing discussions on thousands of quality questions in our Two-part Analysis (TPA) Forum
Still interested in this question? Check out the "Best Topics" block above for a better discussion on this exact question, as well as several more related questions.
Thank you for understanding, and happy exploring!
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