Course Content
Introduction to agribusiness management- definition, Scope and importance; concept of business management
Basic concept and definitions of firms, plant, industry and their interrelationships with respect to agricultural production
Agribusiness environment, management systems, and managerial decisions
Cooperatives- concept, definitions, role, organization, structure, cooperative law and bylaws, developing agriculture cooperatives, cooperative marketing, cooperative farming
Learn agribusiness management, marketing and cooperatives with Braimy- B.Sc Agriculture
About Lesson

– Law of diminishing marginal  return is applied when unlimited resources to find out the most profitable level of resource use.

– In reality, cultivator has limited land, irrigation and capital etc. There are several alternatives for spending limited amount of capital or money can be achieved by using the principle of equi-marginal returns.

– For eg: there is Rs. 50000 for investing and locality is favorable to take crop, dairy and poultry enterprise.

– The limited resources should be allocated among the alternative use in such a way that the MVP of the last unit of the resource is equal in all uses.

– Thus it can be stated that amount should be invested in such a way that marginal returns should be equal in all the alternatives.

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