A farmer is deciding between two breeds of swine, Breed A and Breed B. Breed A...
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A farmer is deciding between two breeds of swine, Breed A and Breed B. Breed A consumes 5.25 pounds of feed per day, while Breed B consumes 6 pounds of feed per day. The farmer can afford 300 pounds of feed per day. Breed A consumes 1 gallon of water per day while Breed B consumes 1.5 gallons per day. The farmer can supply 70 gallons of water per day. If the farmer can sell Breed A pigs for $85 and Breed B pigs for $90, how many of each breed should the farmer raise? What are all of the constraint equations? What are the coordinates of all points we need to test in our profit equation? What is the profit at each point identified in #2? The farmer should raise Breed A pigs and Breed B pigs. A farmer is deciding between two breeds of swine, Breed A and Breed B. Breed A consumes 5.25 pounds of feed per day, while Breed B consumes 6 pounds of feed per day. The farmer can afford 300 pounds of feed per day. Breed A consumes 1 gallon of water per day while Breed B consumes 1.5 gallons per day. The farmer can supply 70 gallons of water per day. If the farmer can sell Breed A pigs for $85 and Breed B pigs for $90, how many of each breed should the farmer raise? What are all of the constraint equations? What are the coordinates of all points we need to test in our profit equation? What is the profit at each point identified in #2? The farmer should raise Breed A pigs and Breed B pigs.
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Lets denote the number of Breed A pigs as x and the number of Breed B pigs as y that the farmer shou... View the full answer
Related Book For
Macroeconomics Principles Applications And Tools
ISBN: 9780134089034
7th Edition
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
Posted Date:
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