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Estimate input-output relationships

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Economic analysis of nutrition can play a very important role in determining the commercial viability of aquaculture production systems. Using your own hypothetic figures, you are required to:

(a) Estimate input-output relationships and determine economically optimal level of feed use.

(b) Determine least cost combination of different feeds.

(c) Combine fish species output using a single type of feed.

(d) Derive minimum cost feed formulations.

Reference no: EM132617265

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