This is a table I filled out for when I rented this pasture. Now I...
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This is a table I filled out for when I rented this pasture. Now I have purchased it and now own it, so the total fixed cost would not apply. If the beef price is $90 per cwt what is the optimum number if cows to run on the pasture and what would be the profit or loss from that number of cows?
My variable cost is $180 per cow.
L. COSTS Assume you have a fixed amount of pasture. The table below shows the relationship between the number of co10 pet so amount of beef produced. Complete the table using the following information. Total fised conts - beef price of $90.00 per cw No. of Output Total T cows (cwt. of Variable Fixed Cost VariableF Tota Total Average Average Average Marginal Marginal Fixed Total Cost Revenue Margi (Head)beef) Cost Cost CostsCosts Cost 0 0 25 104 50 75 100 413 43 o. co bo6 150 900 175 562 568 0.00 o.oo 225 -73 47 soelaa avleg s-ledel a1.HT g4.3aleta s-57.00 ] 275
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