To analyze the costs and benefits of adopting intercropping on Farm A compared to monoculture, let's first calculate the total costs and revenue for each method:
Monoculture:
- Seed Costs: $4.33
- Fertilizer Costs: $0.98
- Total Costs: \(4.33 + 0.98 = 5.31\)
- Revenue: $5.68
Intercropping:
- Seed Costs: $5.20
- Fertilizer Costs: $0.41
- Total Costs: \(5.20 + 0.41 = 5.61\)
- Revenue: $6.10
Now, let's summarize the findings:
- Total Costs:
- Monoculture: $5.31
- Intercropping: $5.61
Intercropping has higher total costs per acre compared to monoculture ($5.61 vs. $5.31).
- Revenue:
- Monoculture: $5.68
- Intercropping: $6.10
Intercropping leads to higher revenue per acre than monoculture ($6.10 vs. $5.68).
Based on these calculations, the statement that accurately describes the costs and benefits of adopting intercropping on Farm A compared to monoculture is:
Intercropping has higher overall costs per acre but allows Farm A to bring in more revenue per acre.