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THIRD FORM
AGRICULTURE SCIENCE
WEEK FIVE & SIX

INDEPENDENT LEARNING PACKET

INSTRUCTOR: MR. ERNESTO PECH

EMAIL: ernestopech@bhsa.edu.bz

CELLULAR NUMBER: 652-3169

Belize High School of Agriculture

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Agriculture Science

THIRD FORM

Week: 5
Date: 02/11/20
Topic: The Business of Farming
Subtopic: The Law of Diminishing Returns.
Objective:
 To explain the meaning of input and output.
 To explain the meaning of marginal returns and diminishing returns.
 To state the law of diminishing returns.
 To discuss the three stages of production.
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TASK 1

READ THE FOLLOWING INFORMATION ON THE LAW OF DIMINISHING

RETURNS CAREFULLY. BE READY TO DISCUSS THIS INFORMATION WITH
YOUR TEACHER ON YOUR GOOGLE MEET SESSION.
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TASK 2

AFTER READING AND DISCUSSING THE INFORMATION WITH YOUR TEACHER

ON GOOGLE MEET, ANSWER THE FOLLOWING ACTIVITY CORRECTLY.

NAME ____Lizbeth Chi_ DATE _________

CLASS _A-3______ AGRICULTURE SCIENCE B.H.S.A.

THE LAW OF DIMINISHING RETURNS, THIRD FORM

Read the document provided carefully; then, answers the following questions
correctly.

1. State the law of Diminishing Returns.

The law of diminishing marginal returns states that in any production process,
adding one more production unit while keeping the others constant will cause the overall
output to decrease.

2. What are inputs?

 Inputs are defined as products permitted for use in organic farming.
3. What two types of inputs are there?
 Consumable inputs and capital inputs.

4. Name three examples of fixed inputs.

Land, Building and pick-up.

5. Name three examples of variable inputs.
Feed, fuel, and medication.
6. Are inputs and cost the same? Yes or No?
No
7. What are costs?
Costs are expenses involved in any transaction
8. What are outputs?
It’s the quantity resulting from a production process.
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9. What can an output also be called?

Yield or return
10. How can an output be expressed?
It can be expressed in metric tones
11. How is the economic output measured in?
It’s always measured in units.

12. Name the costs associated with outputs.

Fixed cost, Variable, Total cost, average cost and marginal cost

13. How do you calculate total costs?

14. How do you calculate average cost?

15. How do you calculate marginal costs?

16. What are returns?

17. Explain what happens in increasing returns and diminishing returns.

18. What is marginal output or return?

19. What are decreasing returns?

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20. What is diminishing returns?

Belize High School of Agriculture

Agriculture Science

THIRD FORM

Week: 6
Date: 09/11/20
Topic: The Business of Farming
Subtopic: The Law of Diminishing Returns.
Objective:
 To explain the meaning of input and output.
 To explain the meaning of marginal returns and diminishing returns.
 To state the law of diminishing returns.
 To discuss the three stages of production.

TASK 1

READ THE PREVIOUS INFORMATION ON THE LAW OF DIMINISHING RETURNS

CAREFULLY. BE READY TO DISCUSS THIS INFORMATION WITH YOUR
TEACHER ON YOUR GOOGLE MEET SESSION.

TASK 2

AFTER READING AND DISCUSSING THE INFORMATION WITH YOUR TEACHER

ON GOOGLE MEET, ANSWER THE FOLLOWING ACTIVITY CORRECTLY.
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NAME ______________ DATE _________

CLASS _______ AGRICULTURE SCIENCE B.H.S.A.

THE LAW OF DIMINISHING RETURNS, THIRD FORM

Read the document provided carefully; then, answers the following questions
correctly.

1. Draw the three stage graph of Diminishing Returns.

2. Describe what happens in stage I, stage II, and stage II

3. State at which stage should the farmer stop producing and why?