Shadow prices—land management For Problems 35 and 36, refer to the farm co-op application in Example 2(a). Rework that linear programming problem with the indicated changes in one constraint and answer the questions.
(a) If one more gallon of fertilizer/herbicide became available (for a total of 40,301 gallons), how would this change the co-op’s planting strategy and its maximum profit?
(b) Repeat part (a) if 8 more gallons of fertilizer/herbicide were available.
(c) Based on parts (a) and (b), what is the profit value of each additional gallon of fertilizer/herbicide (that is, the shadow price of a gallon of fertilizer/ herbicide)?
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