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Yield equivalent value refers to the comparison of different crops based on their productivity and economic returns per unit area. It allows farmers and agricultural economists to evaluate the profitability of various crops by factoring in both the quantity produced and market prices. For instance, a crop that produces a higher yield per acre but has a lower market price may have a lower yield equivalent value compared to a crop with a lower yield but a higher market price. This concept helps in making informed decisions about crop selection and resource allocation in farming.

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1w ago

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