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PRODUCTION ECONOMICS, AVERAGES AND STANDARDS IN RESEARCH AND EXTENSION
Author(s) -
Cozens L.E.
Publication year - 1965
Publication title -
australian journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.683
H-Index - 49
eISSN - 1467-8489
pISSN - 0004-9395
DOI - 10.1111/j.1467-8489.1965.tb00334.x
Subject(s) - extension (predicate logic) , production (economics) , argument (complex analysis) , advice (programming) , economics , mathematical economics , computer science , microeconomics , programming language , biochemistry , chemistry
Though theoretically desirable, production functions are difficult both to obtain and to use. Farm standards have generally been the main vehicle for giving farm management advice, despite their defects. This article puts an argument for standards but concludes that more effort can be made to use standards derived from mathematically defined production functions.