Cost-effectiveness analysis of organic honey production in Serbia
M Nikolić, N Nedić, S Đorđević-Milošević - Economics of Agriculture, 2022 - ea.bg.ac.rs
Economic justification of organic honey production is analyzed in the paper. The emphasis
was placed on specific revenues and expenses that occur in organic honey production, and
economic justification was examined by calculating indicators of economic efficiency,
profitability and labour productivity. Based on the collected data, a calculation of production
was made and a profitability threshold was established, which is achieved with 38 bee
colonies, or with production volume of 570 kg of honey. Farms with more colonies have …
was placed on specific revenues and expenses that occur in organic honey production, and
economic justification was examined by calculating indicators of economic efficiency,
profitability and labour productivity. Based on the collected data, a calculation of production
was made and a profitability threshold was established, which is achieved with 38 bee
colonies, or with production volume of 570 kg of honey. Farms with more colonies have …