Date of Award:

5-1962

Document Type:

Thesis

Degree Name:

Master of Science (MS)

Department:

Applied Economics

Department name when degree awarded

Agricultural Economics

Committee Chair(s)

E. M. Morrison

Committee

E. M. Morrison

Committee

Lynn H. Davis

Committee

Reed R. Durtschi

Committee

Ellis W. Lamborn

Committee

N. Keith Roberts

Abstract

A current problem facing farmers is, how much should they mechanize their farm perations? As the relative price and productivity of factors change farmers usually have to adjust their operations to assure maximum profits. Technological advances often change the relative productiveness and the price of machinery. These changes have caused the progressive farmer to continually review his farm organization and make adjustments in levels of factor use. If he is to produce at maximum profits it is necessary that his machinery investment be in proper adjustment with other resources.

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