What are diminishing marginal returns? – Economic Video Series

This short economic video about diminishing marginal returns follows George, a broadacre wheat farmer with a dream to buy a helicopter. But that dream depends on getting the most out of this season’s crop. Watch below to see how George considers how much fertiliser to use.

 

 

This video is part of a series of economic videos developed as part of the CropPro project. The others in the series are:

Use the CropPro Option$ analysis tool to test and compare likely net income, best option and return on investment outcomes for crop management options.

Acknowledgements

Andrew Zull (Queensland Government, Department of Agriculture and Fisheries)

Chris Carter (AEGIC (formerly Government of Western Australia, Department of Primary Industries and Regional Development))

Share this:

Leave a comment