Ruff makes dog food out of chicken and grain. Chicken has 10 grams of protein and 5 grams of fat per ounce, and grain has 2 grams of protein and 2 grams of fat per ounce. A bag of dog food must contain at least 208 grams of protein and at least 142 grams of fat. If chicken costs 10c per ounce and grain costs 1¢ per ounce, how many ounces of each should Ruff use in each bag of dog food to minimize costs? (chicken, grain) =

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter20: Consumer Choice And Elasticity
Section: Chapter Questions
Problem 2CQ
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Ruff makes dog food out of chicken and grain. Chicken has 10 grams of protein and 5 grams of fat per ounce, and grain has 2
grams of protein and 2 grams of fat per ounce. A bag of dog food must contain at least 208 grams of protein and at least 142
grams of fat. If chicken costs 10c per ounce and grain costs 1e per ounce, how many ounces of each should Ruff use in each
bag of dog food to minimize costs?
(chicken, grain) =
What are the shadow costs of protein and fat?
¢ per g
e per g
protein
fat
Transcribed Image Text:Ruff makes dog food out of chicken and grain. Chicken has 10 grams of protein and 5 grams of fat per ounce, and grain has 2 grams of protein and 2 grams of fat per ounce. A bag of dog food must contain at least 208 grams of protein and at least 142 grams of fat. If chicken costs 10c per ounce and grain costs 1e per ounce, how many ounces of each should Ruff use in each bag of dog food to minimize costs? (chicken, grain) = What are the shadow costs of protein and fat? ¢ per g e per g protein fat
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