Question: ge n > of2 D 1. Complete the table {Total apt). Assume the price of feed is $20 per bag and the price of beef




ge n > of2 D 1. Complete the table {Total apt). Assume the price of feed is $20 per bag and the price of beef is $5 Per PUUnd- USE the completed table to answer the questions on the next page. X (feed in V [beef in bags) lbs) TRP TFactorC Prot MRP MFC 0 5 1 5 30 4 4o 5 44 6 42 7 4O 8 38 a. What is the equation to compute pmt in this table? (1 point) b. What level of feed produces the largest TPP?I (1 point) c. What level of input vields the lamest nmt value? {1 Mint) ZOOM a. What is the equation to compute prot in this table? (1 point) b. What level of feed produces the largest TPP? (1 paint) c. What level of input yields the largest prot value? (1 point) d. Use the values of marginal revenue product and marginal factor cost to determine the optimal input level. The uptimal number of bags of feed occurs when moving to bags 0f feed. {1 point) 2. Use the graph below to answer the questions that follow (total 8pm.): [3 I Yl ' Page
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