Author(s)

Kun Wang

Corresponding Author

Kun Wang

ABSTRACT

With the deepening of rural reform and the remarkable enhancement of the vitality of agricultural development, the endogenous power of agriculture has become stronger from input support to scientific and technological innovation, and it has become an inevitable trend to improve the efficiency of agricultural investment. The economic activities of agriculture include many economic variables in the social, ecological and economic fields, that is, the development of agricultural economy is influenced by the natural environment, regional economic conditions and policy intervention. To realize the transformation of agricultural production mode from extensive to intensive, this requires us to pay attention to improving the economic benefits of agricultural inputs. Only in this way can we really promote the sustained, rapid and healthy development of agriculture, a basic industry. With the progress of production technology, the output of land unit input will increase, so that the marginal revenue of the same amount of input will increase with the progress of production technology, and the maximum level of marginal revenue of unit input will also increase.

KEYWORDS

Agriculture, Economic benefits, Mode of production