How agriculture economics is related with microeconomics?
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Agricultural economics is said to be a branch of applied economics which takes the tools of both micro and macroeconomics and uses them to solve problems in a specific area.
At the micro-economics level, we need to understand the relevant production functions and the relationship between labor and capital which are the two most important components of agriculture economics.
we can also take help of the consumer theory to understand how shoppers make choices about the food they buy and how much quantity to buy which gives them maximum utility/satisfaction.
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