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PART II Worth 5 Points Suppose you are working for a livestock breeding company and you have bred a new exotic line of cattle based

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PART II Worth 5 Points Suppose you are working for a livestock breeding company and you have bred a new exotic line of cattle based on genetics from several parts of the world. Suppose all parts of the budget shown in Table 10-3 is valid but the new exotic cattle has improved weight-gain efficiency and fertility rate from 0.90 to 0.95. Make only these adjustments and answer the following questions (meaning all the other costs, prices, and quantities stay the same (III). 1. What is the new marketing rate for heifer calves? 2. What is the new marketing rate for steer calves? 3. What is the new Revenue per cow unit? 4. What is the new profit? 5. Is your company's new breed likely to be a "success

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