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You are told that on average, yellow maize takes 65% of the total cost of chicken-feed production. The price of a bag of chicken feed
You are told that on average, yellow maize takes 65% of the total cost of chicken-feed production. The price of a bag of chicken feed is R10.33/kg, the demand curve for chicken feed is = 1000 0.0125. Graphically illustrate and calculate the profit of the average chicken feed producer.
And please Graphically illustrate and explain the impact of load shedding and rising maize prices on the amount of broilers that Astral will produce.
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