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(More customer reviews)every person needs to learn more.,by reading this book you can be closer to this goal.
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Unlike other similar books, this step-by-step introductionto basic economics focuses on economic and management decision making inagriculture, specifically; systematically explores the full range oftheoretical tools; and then relates them to practical managementsituations — using real-world data and examples and the mostup-to-date agricultural policy. Covers the full range oftools for management decision making (how much to produce, how to produce, whatto produce) -- e.g., physical production relationships, cost relationship inproduction, utility maximization and Consumer Demand Theory, supply and demand,and market price determination. Explores a variety of managerial situations andtools -- e.g., competitive decision making; noncompetitive decision making;time, risk, and uncertainty. Considers the decision making environment -- e.g.,marketing activities, governmental impacts in agriculture, macroeconomic policylinkages to agriculture and agribusiness, international trade and agriculture,and environmental considerations. Uses real-world data and examples toillustrate basic theoretical concepts. For those interested inagricultural management and agricultural economics.
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