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AN ESTIMATION OF COST FUNCTION OF MAIZE IN IRAQ –BABIL PROVINCE( AS CASE STUDY) SEASON 2013 | ||
| The Iraqi Journal of Agricultural Science | ||
| Article 1, Volume 46, Issue 4, 2015, Pages 559-568 | ||
| Authors | ||
| Osamah K. Al- ukeili; Nada K. Abbas | ||
| Abstract | ||
| The aim of this study is to examine indentify the significant differences between the two types of seeds local and hybrid by using T-test for independent samples. And estimating the cost of two function local and hybrid seeds and derive the supply function for two local and hybrid seeds optimum size of production which minimizes cost was 47.77, 39.24 tons and the size of production maximizing profit was 73.29, 67.22 tons. The minimum price that producer accept was 90.81, 170.2 thousand dinars tons of local seed varieties and hybrid respectively . there was appositive relationship between quantity supplied and price when the price is more than 90.81, 170.2 thousand dinars / tons for local and hybrid seeds respectively which is the minimum level of average cost. | ||
| Keywords | ||
| Cost Function; optimum size of production; size of production maximizing profit; The minimum price that producer accept; Supply Function | ||
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