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Explain why would the price at which sell the eggs matter

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Reference no: EM132979353

In examining the feasibility of an enterprise of egg laying hens (chickens), you discover that while the chickens can live successfully on pasture, if you give them a feed of barley, sunflower seeds and maize, you will increase the egg production per unit of time.

Problem a) Since your goal is to maximize the profitability of the enterprise, what do you have to consider?

Problem b) Why would the price at which you sell the eggs matter? Because you need to get the gross margin per egg produced of both production schemes.

Reference no: EM132979353

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