Length : around 15 minutes
We have added the possibility of paying for hired labour in lesson 10. The new model is called primal2. Run the model which you wrote or that you can download here primal2.zip or from the Model library. Change the value of the hired labour price to 10€, then 20€, and finally 30€. Observe the results and answer the following questions.
Consider the following problem statement :
« A given farm can grow two types of crop : wheat and maize. The area to be cultivated must be determined for each crop, knowing that :
The objective of the farmer is to maximize his income.
Wheat yields 450€ per hectare, maize 1000€.
Wheat requires 25 hours of labour per hectare and per year, and maize 50 hours.
The farm area is 50 ha and the farmer can work 2000 hours a year.
But he can hire hourly workers. »
Observe the results and answer the questions.
