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A farmer is deciding between planting several vegetable (or fruit) crops on a 225-acre farm. Based on the annual profits per acre returns for lettuce, tomatoes, peppers, and cucumbers listed below, formulate a MOTAD problem and graph the E-TAD efficiency horizon.

 

Year

Lettuce

Tomatoes                Peppers (annual profit per acre)

Cucumbers

2000

12.5

-2.5                    -12.5

-125

2001

125

50                          10

75

2002

25

37.5                         7.5

25

2003

-62.5

25                       -50

-125

2004

275

87.5                     137.5

125

2005

-50

50                          50

37.5

2006

25

10                            2.5

200

2007

-100

12.5                       30

-150

2008

187.5

62.5                    -62.5

250

Microeconomics, Economics

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