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A Farmer Has 1,000 Acres on Which He Has Previously

Question 92

Multiple Choice

A farmer has 1,000 acres on which he has previously grown corn.His yield per acre is 100 bushels of corn.If the corn payment rate is $0.43 a bushel,his production flexibility contract payment equals


A) $39,600.
B) $43,000.
C) $36,550.
D) $12,345.
E) none of the above

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