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This note describes an approach for teaching undergraduate students basic properties of cost and production functions with the aid of computer-generated illustrations. Parameters of a third degree polynomial are derived by making use of both the theoretical restrictions and the specific...
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This paper discusses the role of agricultural economics research within the land-grant university system. Fundamental differences between research in the biological sciences and the social sciences are delineated. Implications of these differences for experiment station research programs are...
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This paper examines the impacts of alternative management strategies for the production of alfalfa within the context of a total farm plan. A linear programming model is used to represent a 600-acre farm which can grow either grain crops or alfalfa. Alfalfa production competes with the grain...
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