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