An Economic Study of Estimating Cost Function of Dates Production in Wadi al-Shati and Sebha municipalities, South Libya
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Date production, revenue, optimal size of production, production costs, Libya
Abstract
The results showed that fixed cost represented about(45%) of the total cost of two municipalities, also the variable cost amounted to approximately (55%) the total cost of the two municipalities, and that the optimal size of the production of dates amounted to approximately (4.22, 3.77) tons per hectare for each of these municipalities Wadi al-Shati and Sebha, respectively, and that production was more than the average actual production of dates for the mentioned municipalities by nearly (1.36, 1.27) tons per hectare , while reported results that the production that maximize profit of dates have hit (7.15, 12.75) tons per hectare for each of the municipalities (Wadi al-Shati and Sebha), and that production is more than the actual production of dates by (4.29, 10.25) tons per hectare of mentioned municipalities respectively. It also showed the results of the field study that the average price per ton of harvest dates had been hit (900.20, 1185.60) dinars for each of community-mentioned study sample.
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