economic decision making in animal health management

Question 1

describe the basic model underlying economic analysis

Answer 1

resources -> production -> consumption
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costs value

Question 1

describe the basic model underlying economic analysis

Answer 1

resources -> production -> consumption

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Question 2

what are the direct effects of animal diseases=

Answer 2

affecting the livestock resource transformation process and resulting in extra resource use and or fewer animal products then before
direct losses may be immediately visible or obscured

Question 3

what are the indirect effects of animal disease?

Answer 3

affecting other parts of the economic system, thus diminishing benefits to people
indirect losses may be fairly obvious

Question 4

What is the anorectic effect of disase?

Answer 4

effect on feed intake - reduces intake and output without altering the efficiency of production

Question 5

what is the specific effect of disease?

Answer 5

• effect on feed conversion efficiency with or without any effect on feed intake
  affects the efficiency of the production process adversely
  -> achieves lower production from the same feed intake
  -> achieves the same production from increased feed intake
  -> sometimes increases feed requirements while productivity falls under the influence of the disease