You put a $200 steer on feed at a cost of 35 cents per day. The animal gains one pound per day. If the price of cattle drops to 33 cents per pound and is expected to remain there, what should you do?
Answer: sell the animal immediately
Answer: sell the animal immediately
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.