Volume 8
Issue 3
Economics
JOURNAL OF
POLISH
AGRICULTURAL
UNIVERSITIES
Available Online: http://www.ejpau.media.pl/volume8/issue3/abs-03.html
DEFICIENCIES IN THE LAW OF DIMINISHING RETURNS PART I
Stanisław Szarek
Department of Economics and Agribusiness Organization,
University of Podlasie, Siedlce, Poland
ABSTRACT
In the paper there was presented an issue of the law of diminishing returns in agriculture. It was shown, that despite its general character, it is impossible to satisfactorily explain issues of input´s transformation into output in a farming process in agriculture.
Key words: economics of agriculture, law of diminishing returns, production intensity, production efficiency, hormesis phenomenon.
Stanisław Szarek
Department of Economics and Agribusiness Organization,
University of Podlasie, Siedlce, Poland
B. Prusa 12, 08-110 Siedlce, Poland
email: szarek@ap.siedlce.pl
Responses to this article, comments are invited and should be submitted within three months of the publication of the article. If accepted for publication, they will be published in the chapter headed 'Discussions' and hyperlinked to the article.