Multiple Choice
A farmer has 500 acres on which he has previously grown corn.His yield per acre is 100 bushels of corn.If his production flexibility contract payment is $21,250,then what is the corn payment rate?
A) $0.45
B) $0.67
C) $0.50
D) $0.10
E) There is not enough information to answer the question.
Correct Answer:
Verified
Correct Answer:
Verified
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