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Economic appraisal of fishery technologies
(Central Institute of Fisheries Technology, 2002) Annamalai, V.
It deals with the study of constructing economic equation or production function that gives us a quality of yield or output for specified dozes or quantity of input of fishery technology. The important purpose of constructing these economic equations is to work out the optimum or most efficient combination of inputs for a given output. This is done through a variety of methods ranging from linear programming techniques to multiple regression techniques. The optimum or most efficient combination of input for a given output is that combination from which slight or marginal change of inputs reduces the output.