Which of the following best explains how a wheat farmer in the Northern Plains region of the United States is able to maximize profits?Grain farming is an intensive farming practice on small plots of land cultivated primarily by family farmers who maximize profits in nearby domestic markets.Option A,Grain farming is an intensive farming practice on small plots of land cultivated primarily by family farmers who maximize profits in nearby domestic markets.Grain farmers can quickly purchase multiple small dispersed plots of land away from an urban area when demand for wheat increases thus maximizing profits on inexpensive land.Option B,Grain farmers can quickly purchase multiple small dispersed plots of land away from an urban area when demand for wheat increases thus maximizing profits on inexpensive land.Grain farming is an intensive farming practice that can yield profits by cultivating large areas of land close to an urban area for marketability of the product.Option C,Grain farming is an intensive farming practice that can yield profits by cultivating large areas of land close to an urban area for marketability of the product.Grain farmers can diversify production by planting different cereal crops on small plots of land close to markets that enables rapid shipping of the product before the price drops.Option D,Grain farmers can diversify production by planting different cereal crops on small plots of land close to markets that enables rapid shipping of the product before the price drops.Grain farming is an extensive farming practice that can maximize profits in part by lower land costs, lower transportation costs, and imperishability of the product.

1 answer

The statement that best explains how a wheat farmer in the Northern Plains region of the United States is able to maximize profits is:

Option E: Grain farming is an extensive farming practice that can maximize profits in part by lower land costs, lower transportation costs, and imperishability of the product.

This option highlights the benefits of extensive farming on larger plots of land, where economies of scale can lead to reduced costs and increased profitability, along with the logistical advantages of producing a durable product like wheat that can be transported relatively easily. The focus on cost-effective practices and the nature of the product makes it a more accurate depiction of how farmers in this region can maximize profits.