SAVE ANSWER Allow 15 minutes One of your clients currently lamb in the autumn with the aim of receiving a price premium associated with early season trade lamb sales. You have advised her to change to spring lambing to reduce feed costs. She is concerned that the loss of this price premium will not be sufficient to offset the biological advantages of the spring lambing. At present she receives an average price of $4.70/kg for the 310 kg/ha she produces. She estimates that the shift to spring lambing would reduce the average price to $3.65/kg but acknowledges the production of lamb per unit area would increase to 400 kg/ha. Hand feeding costs would fall by $50/ha with the spring lambing. a. Calculate a partial budget for the decision (show all calculations). (10 marks) b. Explain if she should she switch to spring lambing. Your answer should show consideration of explicit and implicit factors that will influence the decision? (5 marks) In the answer box below, write the letter and your answer. e.g. a. Your