Year: 1993
Type: article
Abstract: Advanced conceptual techniques for breakeven analysis of agricultural enterprise budgets are developed and applied. Breakeven points of a single agricultural enterprise, breakeven points between enterprises, and elasticities of breakeven points between enterprises are defined and mathematically derived. Breakeven equations were reduced to computational formulas for several budget components: output price, yield, input price, input requirement, variable cost, fixed cost, and total cost. Application of the advanced breakeven techniques provide evidence that both rice and wheat production seem especially desirable for the Arkansas Delta region in light of a fluctuating economic environment.
Source: Agricultural Economics
Author: C Dillon
Institution: University of Arkansas at Fayetteville
Language: English
Subfield: Safety Research
Field: Social Sciences
Domain: Social Sciences
SDG: Zero hunger
Open Access status: green
OpenAlex ID: W2139261148