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Meaning and scope
Decision Making
lWhat, how and how much to produce?
lFrom where and how much to borrow?
lHow much labour to be employed?
lWhere, to whom and at what price to sale?
Economic principles governing resources allocation.
Optimization of resources
Types of costs
Resource planning Enterprise planning – budgeting
Enterprise combination
Cost concepts
Cost of cultivation of crops
Measures of farm income
Farm efficiency