A farm co-op has over 40,500 gallons of fertilizer/herbicide available to use when planting corn and soybeans. The farm co-op's maximum profit for using 40,500 gallons of fertilizer/herbicide is $315,002 and the maximum profit for 40,508 gallons is $315,030. What is the profit value of each additional gallon of fertilizer/herbicide (that is, the shadow price of a gallon of fertilizer/herbicide)? Round your answer to the nearest cent if necessary.
A)$4.00
B)$3.50
C)$3.11
D)$28.00
E)$14.00

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The Answer of A farm co-op has over 40,500 gallons of fertilizer/herbicide available to use when planting corn and soybeans. The farm co-op's maximum profit for using 40,500 gallons of fertilizer/herbicide is $315,002 and the maximum profit for 40,508 gallons is $315,030. What is the profit value of each additional gallon of fertilizer/herbicide (that is, the shadow price of a gallon of fertilizer/herbicide)? Round your answer to the nearest cent if necessary.
A)$4.00
B)$3.50
C)$3.11
D)$28.00
E)$14.00

A Farm Co-Op Has Over 40,500 Gallons of Fertilizer/herbicide Available