Question: The corn-hog ratio is a financial term used in the pig market and presumably is related to the cost of feeding a pig until it
The corn-hog ratio is a financial term used in the pig market and presumably is related to the cost of feeding a pig until it is large enough for market. It is defined as the ratio of the market price of a pig with a mass of 3.108 slugs to the market price of a U.S. bushel of corn. (The word "slug" is derived from an old German word that means "to hit"; we have the same meaning for "slug" as a verb in modern English.) A U.S. bushel is equal to 35.238 L. If the corn-hog ratio is listed as 5.7 on the market exchange, what is it in the metric unitsof?

price of 1 kilogram of pig price of 1 liter of corn
Step by Step Solution
3.34 Rating (169 Votes )
There are 3 Steps involved in it
1460 slugs is equivalent to 1460 146 21316 kg Referring now ... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
2-P-M-M (190).docx
120 KBs Word File
