This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose pigs (P) can be fed corn-based feed (C) or soybean-based feed (S) such that the production ... (Read 168 times)

jwb375

  • Hero Member
  • *****
  • Posts: 540
on: Jul 1, 2018
Suppose pigs (P) can be fed corn-based feed (C) or soybean-based feed (S) such that the production function is P = 2C + 5S. The expansion path depends
 a. on the price of corn-based feed only.
  b. on the price of soybean-based feed only.
  c. on neither the price of corn-based or soybean-based feed.
  d. on whether the price of corn-based feed is greater than or less than 2/5 the price of soybean-based feed.

Question 2

Suppose pigs (P) can be fed corn-based feed (C) or soybean-based feed (S) such that the production function is P = 2C + 5S. If the price of corn feed is 4 and corn feed is on the horizontal axis, and the price of soybean feed is 5 and soybean feed lies on the vertical axis, what is expansion path?
 a. C =5S/2
  b. S =2C/5
  c. the horizontal axis
  d. the vertical axis


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rosiehomeworddo

  • Sr. Member
  • ****
  • Posts: 306
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

d


jwb375

  • Member
  • Posts: 540
Reply 2 on: Jul 1, 2018
Excellent

amandanbreshears

  • Member
  • Posts: 320
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Results of selective breeding for oil content in corn plants. Results of selective breeding for oil content in corn plants.
Guinea pigs "social groom" Guinea pigs "social groom"
As the world’s population continues to grow, demands on limited resources for food production As the world’s population continues to grow, demands on limited resources for food production
Infant and Toddler Development and Responsive Program Planning: A Relationship-Based Approach Infant and Toddler Development and Responsive Program Planning: A Relationship-Based Approach
ATP Production in Cardiac Muscle ATP Production in Cardiac Muscle
Opener Pigment mutations within an ear of corn, caused by transposition of the Ds element Opener Pigment mutations within an ear of corn, caused by transposition of the Ds element
Video: Role of the respiratory system - effect of altered ventilation rates

For a complete list of videos, visit our video library