Browsing Cattlemen's Day, 1994 by Subject "Economies of size"

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Browsing Cattlemen's Day, 1994 by Subject "Economies of size"

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  • Langemeier, Michael R.; Schroeder, Ted C. (Kansas State University. Agricultural Experiment Station and Cooperative Extension Service, 1994)
    Economies of size measure the impact of increasing the size of operation on average cost of production. Economies o f size exist if average total cost decreases as size increases. Enterprise data from producers enrolled ...