Economically Efficient Cow Size Selection Using the Product/Product Model

Economically optimal cow size is examined using a two product production framework with a single allocatable factor. Auction price data is used to construct a Total Revenue Curve for sales of small and large calves. A Production Possibilities Curve is constructed for a farmer with 100 animal units of resources. Results show that smaller calves are the solution regardless of calving season or market location.


Issue Date:
2011
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/98836
Total Pages:
10




 Record created 2017-04-01, last modified 2017-08-25

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