<PRE><B>Question 814686</B>
L = value of lean hb
R = value of regular hb
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L = 1.89 / (0.9) = 2.10 dollars/unit-weight
R = 1.09 / (0.7) = 1.56 dollars/unit-weight
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Answer:
at what price p for lean hb is L = R?
p / (0.9) = 1.56
p = 1.56 * (0.9) = 1.40
you get the same value as R if you can purchase lean hb at $1.40 per unit-weight
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