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lectur21-page5 - Buy feeder pigs and sell finished hogs ATC...

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4. The diagram below should and the accompanying lecture should clear up any confusion. Assume you want to be a hog producer:
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Unformatted text preview: Buy feeder pigs and sell finished hogs. ATC Quantity SAC 1 SAC 2 SAC 3 LAC Q 1 Q 2 Q 3...
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