Table 12. Production Function and Sample Means for Sorghum
Input Level
MPP at
Variable
Regression
Coefficient
Standard
Error
To Maximize
Output
To Maximize
Profit
Mean
MPP at
Mean
MVP at
Mean
Maximum
Profit
Input Price,
Pesos
M
1,475.550"
570.1237
4.13
4.00
5.42
-84.0
-100.8
32.21
44.00
M2
-106.343"
54.8962
L
-231.052*
141.9535
70.70
70.20
48.23
34.4
41.3
2.93
3.75
L2 6.122* 2.8135
L3 -0.040* 0.0178
(M)(L) -8.439a 5.4109
a 1,141.82'
R2 .81
Significantly different from zero at a =.05.
aSignificantly different from zero at a =.10.