Mount & Blade: Warband

Mount & Blade: Warband

Beyond Calradia
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1257 AD enterprise supply and acres in production in town/village
I'm playing 1257 AD and have noticed that the price of flax is really starting to eat into the profits of my linen weavery in Damietta. Would putting more acres of land into production in either the town or its villages increase the amount of flax my weavery has at its disposal locally, hopefully bringing down production costs?