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Developing Realistic Agricultural Production Functions For Use In Undergraduate Classes

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  • Debertin, David L.

Abstract

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 agricultural production process. The function is then used as the basis for the development of a simple computer graphics program which generates illustrations of the corresponding MPP, AC, and MC functions. Such illustrations can be used to make technically accurate visual aids.

Suggested Citation

  • Debertin, David L., 1985. "Developing Realistic Agricultural Production Functions For Use In Undergraduate Classes," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 17(2), pages 1-8, December.
  • Handle: RePEc:ags:sojoae:29983
    DOI: 10.22004/ag.econ.29983
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    References listed on IDEAS

    as
    1. David L. Debertin & Angelos Pagoulatos & Garnett L. Bradford, 1977. "Computer Graphics: An Educational Tool in Production Economics," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 59(3), pages 573-576.
    2. Ted F. Bay & Richard A. Schoney, 1982. "Data Analysis with Computer Graphics: Production Functions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(2), pages 289-297.
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    Cited by:

    1. Fleming, Ronald A. & Adams, Richard M. & Ervin, David E., 1998. "The Role Of Soil Test Information In Reducing Groundwater Pollution," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 23(1), pages 1-19, July.

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