Question: Corn and milo are perfect substitutes in a feed ration for chickens. The same energy is provided by either 1 l b of corn or
Corn and milo are perfect substitutes in a feed ration for chickens. The same energy is provided by either of corn or of milo. If the price of corn is $ per lb while the price of milo is $ per the costminimizing producer would:
a Use corn and milo
b Use all corn
c Use all milo
d Use half corn, half milo
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