Problem set 3 exel.xlsx - Land 200 Steers(X 0 10 20 30 40 50 60 70 80 90 100 Stocking rate Beef AGD Gain Per Produced Marginal(lbs\/day Steer(lbs(lbs

Problem set 3 exel.xlsx - Land 200 Steers(X 0 10 20 30 40...

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Land : 200 Steers (X) 0 0 3.30 594.00 0 0 10 0.05 3.29 592.20 5922 5922 20 0.10 3.28 590.40 11808 5886 30 0.15 3.27 588.60 17658 5850 40 0.20 3.26 586.80 23472 5814 50 0.25 3.25 585.00 29250 5778 60 0.30 3.24 583.20 34992 5742 70 0.35 3.23 581.40 40698 5706 80 0.40 3.22 579.60 46368 5670 90 0.45 3.21 577.80 52002 5634 100 0.50 3.20 576.00 57600 5598 Stocking rate AGD (lbs/day) Gain Per Steer (lbs) Beef Produced (lbs beef) Marginal Product
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Fixed cost Total cost 0 0 1000 0 1000 12495.42 12317.76 1000 12000 13000 12000 12419.46 12242.88 1000 24000 25000 12000 12343.5 12168 1000 36000 37000 12000 12267.54 12093.12
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  • Fall '19
  • Economics of production, AGD

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