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 1 lb . of corn or 1.5 lb . of milo. If the price of corn is $.10 per lb . while the price of milo is $.08 per lb ., the cost-minimizing producer would
Multiple Choice
use half corn, half milo.
use 60% corn and 40% milo.
use all milo.
use all corn.
Corn and milo are perfect substitutes in a feed

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