The formula for determining the production flexibility contract payment is:
A)contract acreage x 0.75 x yield per acre x crop payment rate.
B)contract acreage x 0.85 x yield per acre x $1.
C)contract acreage x 0.85 x yield per acre x crop payment rate.
D)contract acreage - (0.85 x contract acreage)x yield per acre x crop payment rate.
E)There is no formula for the production flexibility contract payment.There is only a flat fee that changes annually.

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The formula for determining the production flexibility contract payment is contract acreage x 0.85 x yield per acre x crop payment rate. This means that the payment amount will depend on the contracted acreage, the yield per acre, and the crop payment rate. Choice A is incorrect because it uses a factor of 0.75 instead of 0.85. Choice B is incorrect because it assumes a fixed payment rate of $1 per yield per acre, which is not a realistic assumption. Choice D is incorrect because it deducts 0.85 times the contract acreage instead of multiplying by 0.85. Choice E is incorrect because there is a formula for determining the payment amount.

The Formula for Determining the Production Flexibility Contract Payment Is