But what exactly is the profit formula? In short, it's the equation that tells you how much money your business is making after you've considered all of your expenses.

Journal of Agricultural and Resource Economics, Vol. 27, No. 1 (July 2002), pp. 94-113 (20 pages) The relationships among cost functions, distance functions, and technical inefficiency are utilized to ...

In this paper we apply the profit function method to examine the differences in resource use efficiency between educated and uneducated farmers in paddy production. Empirical results from farm level ...