Concept explainers
The corn-hog ratio is a financial term used in the pig market and presumably is related to the cost of feeding a pig until it is large enough for market. It is defined as the ratio of the market price of a pig with a mass of 3.108 slugs to the market price of a U.S. bushel of corn. (The word “slug” is derived from an old German word that means “to hit”; we have the same meaning for “slug” as a verb in modern English.) A U.S. bushel is equal to 35.238 L. If the corn-hog ratio is listed as 5.7 on the market exchange, what is it in the metric units of
(Hint: See the Mass table in Appendix D.)
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