1. If marginal product is decreasing, then average product must also be decreasing. 2. For a fixed-proportion technology, inputs cannot be substituted for each other in production. 3. The marginal ...
Projecting demands is difficult—perhaps more difficult and uncertain than projections in supply. To facilitate the development of future demand scenarios, the Demand Input Tool (DIT) maintains the ...
The author establishes a property of supply for a competitive firm: Assuming differentiability of the production frontier, linearly independent price vectors have disjoint image sets under the supply ...
Rulon D. Pope, professor of economics at Brigham Young University, received the Quality of Research Discovery award at the national conference of the Agriculture and Applied Economics Association in ...
This is a preview. Log in through your library . Abstract A dynamic system of cost-share equations for agricultural inputs is used to test for the presence of input disequilibrium. This dynamic system ...
LONDON (Reuters) - Investors picking stock market winners and losers during hard economic times will find the ability to win orders during a global downturn more critical than how much companies ...
https://www.thehindubusinessline.com/economy/agri-business/poultry-industry-set-for-recovery-in-current-fiscal-on-softening-input-prices-demand-report/article68796682 ...