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Application of isoquant analysis to forage:grain ratios in cattle feeding



Application of isoquant analysis to forage:grain ratios in cattle feeding



Journal of Animal Science 54(3): 463-472



Production isoquants or trade-off curves describe all combinations of 2 inputs required for a particular level of output. Traditional production economics theory has always presumed that isoquants would be convex to the origin over the relevant range of substitution between inputs. Empirical derivation of forage/grain trade-offs in cattle feeding shows that isoquants are concave.

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Accession: 000824025

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