Hostname: page-component-cb9f654ff-d5ftd Total loading time: 0 Render date: 2025-09-06T02:56:09.480Z Has data issue: false hasContentIssue false
  • English
  • Français

Developing Realistic Agricultural Production Functions for Use in Undergraduate Classes

Published online by Cambridge University Press:  28 April 2015

David L. Debertin
David L. Debertin*
Affiliation:
University of Kentucky
Get access Rights & Permissions [Opens in a new window]

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.

Keywords

teachingundergraduategraphicscomputerproduction functionscost functions

Information

Type
Notes
Information
Journal of Agricultural and Applied Economics , Volume 17 , Issue 2 , December 1985 , pp. 207 - 214
Copyright
Copyright © Southern Agricultural Economics Association 1985

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Article purchase

Temporarily unavailable

References

Bay, Ted F. and Schoney, Richard A.. “Data Analysis with Computer Graphics: Production Functions.” Amer. J. Agr. Econ., 64(1982):289–297.CrossRefGoogle Scholar
Debertin, D. L., Pagoulatos, Angelos, and Bradford, Garnett L.. “Computer Graphics: An Educational Tool in Production Economics.” Amer. J. Agr. Econ., 59(1977):573–576.CrossRefGoogle Scholar
Doll, John P. and Orazem, Frank. Production Economics: Theory with Applications, Second Ed., New York: John Wiley and Sons, 1984.Google Scholar
Goodwin, John W. and Drummond, H. Evan. Agricultural Economics, Second Edition, Reston Publishing, 1982.Google Scholar
Halter, A. N., Carter, H. O., and Hocking, J. G.. “A Note on the Transcendental Production Function.” J. Farm. Econ., 39(1957):966–974.CrossRefGoogle Scholar
SAS Institute. SAS Graph Users Guide, 1981 Edition, SAS Institute Inc., Cary, North Carolina, 1981.Google Scholar