The information in this study is not sufficient to explain all the relation- 

 ships found between herd size, labor force, total capital and equipment capi- 

 tal. However, it appears that considerably more than the restricted, formal- 

 ized concepts of production economics may be needed to adequately ex- 

 plain the capital found on farms. 



Table 3. Amount of Labor, Herd Size and Equipment Capital per 



Animal Unit, Survey Farms 



Animal 

 Units 



Equipment Capital per Animal Unit 



Farms with 12-23 

 Man Mo. of Labor 



Farms with 24-35 

 Man Mo. of Labor 



Farms with 36-47 

 Man Mo. of Labor 



Numbers 



10 

 15 

 20 

 30 

 40 

 50 

 60 

 70 

 80 



Dollars 



198. 

 192. 

 190. 

 187. 

 185. 

 185. 

 184. 



Dollars 



316. 

 270. 

 224. 

 202. 

 188. 

 179. 

 172. 



Dollars 



152. 

 166. 



174. 

 181. 

 185. 



28 



LABOR FORCE, HERD SIZE, AND EQUIPMENT CAPITAL, 

 Figure 5. SURVEY FARMS. 

 1 



T 



T 



T 



26 - 

 24 

 22 

 20 



5'« 

 o 



2-16 



ol4 

 "5. 

 5 12 



|.o 



a. 



'5 



IT e 



UJ 



6 

 4 

 2 

 



KEY- 



— 



T 



T 



12-23 Man-months 



o 24-35 



t. 36-47 



90 

 72 



100 

 80 



10 



