FARM OPERATORS CAN USE THE RESOURCES under their
control in various ways. Choices exist among different crops and livestock,
among numerous production techniques, and between adding
more capital to existing land and adding more land. However, for each
set of price relationships, a certain resource use provides maximum income
for each farm. But this particular resource use varies from farm
to farm because farms differ in kind, quantity, and quality of resources.
Knowledge of some alternative farm organizations for various farm
situations, where resource use under different price relationships results
in maximum income, is useful in providing guidelines to farmers for organizing
their farms. This study was made to provide such knowledge.
Nohre, C. O.; Jensen, H. R..
Profitable Adjustments in Farming in South-Central Minnesota.
Minnesota Agricultural Experiment Station.
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