Economic Efficiency Indices (B:C Ratio)

Net return, benefit-cost ratio and return per rupee invested from gross return and total cost.

Usage

economic_indices(gross_return, total_cost, verbose = TRUE)

Arguments

gross_return

Gross return (Rs/ha).

total_cost

Total cost of cultivation (Rs/ha).

verbose

Logical. If TRUE (default), prints the table.

Value

A data frame of class aridagri_economics with Net_Return, BC_Ratio (gross return / cost) and Return_per_Rupee (net return / cost).

Author

Lalit Kumar Rolaniya, Ram Lal Jat, Monika Punia, Raja Ram Choudhary, Hemant Poonia

Examples

economic_indices(gross_return = c(75000, 82000), total_cost = c(35000, 38000))
#> 
#> ======================================================================
#>  ECONOMIC EFFICIENCY
#> ======================================================================
#>  Mean net return = Rs 42000/ha   Mean B:C ratio = 2.15
#> 
#>  Gross_Return Total_Cost Net_Return BC_Ratio Return_per_Rupee
#>         75000      35000      40000     2.14             1.14
#>         82000      38000      44000     2.16             1.16