Economically Efficient Cow Size Selection Using the Product/Product Model

Kelly J. Bryant, Thomas G. Montgomery, Whitney A. Whitworth and Stark, C. Robert,

No 98836, 2011 Annual Meeting, February 5-8, 2011, Corpus Christi, Texas from Southern Agricultural Economics Association

Abstract: 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.

Keywords: Production; Economics (search for similar items in EconPapers)
Pages: 10
Date: 2011
New Economics Papers: this item is included in nep-agr
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea11:98836

DOI: 10.22004/ag.econ.98836

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