ESTABLISHING LINKAGES BETWEEN ECONOMIC THEORY AND ENTERPRISE BUDGETING FOR TEACHING AND EXTENSION PROGRAMS

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dc.creatorBradford, Garnett L.
dc.creatorDebertin, David L.
dc.date2017-04-01T18:44:39Z
dc.date.accessioned2026-07-09T04:07:25Z
dc.descriptionAccounting techniques of farm enterprise budgeting are rarely linked to the axioms of static production theory and to capital theory. This paper illustrates how certain linkages may be established. Particular attention is given to handling problems of scale economies, optimal output levels, replacement of durable inputs, inflation, and technological change. Estimates in an illustrative budget are linked to specific points on average cost curves. Budgeting for representative farm situations is compared to budgeting for specific situations.
dc.identifierdoi:10.22004/ag.econ.29981
dc.identifierhttps://ageconsearch.umn.edu/record/29981/files/17020221.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/29981
dc.identifier.urihttp://hdl.handle.net/123456789/545151
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/29981
dc.titleESTABLISHING LINKAGES BETWEEN ECONOMIC THEORY AND ENTERPRISE BUDGETING FOR TEACHING AND EXTENSION PROGRAMS
dc.typeText

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