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-Evaluate the effects of technical and institutional changes on agricultural production and resource use.
-Determine individual farm and aggregated regional farm adjustments in output supply and resource use to changes in economic variables in the economy.
-Assist farm managers in determining the best use of resources, given the changing needs, values and goals of the society.
-Assist policy makers in determining the consequences of alternative public policies on output, profits and resource use on farms.
-Evaluate the uses of theory of firm for improving farm management and understanding the behavior of the farm as a profit maximizing entity.
jim items answered the question on March 18, 2019 at 16:44
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