The major insights provided by the so-called "new home economics" are that household activities are productive in nature and that they involve the use of the traditional factors of production. The implications are far-ranging and continue to be unpacked 10 years after the formal treatments by Becker, Lancaster and Muth [1, 6, 10]. The particular implications pursued in this paper have to do with the behavior of capital/labor ratios within the households, not the farms, of farm families. In particular, how do household capital/labor ratios of farm families respond to changes: in the prices of family members' time, in family income, in family size, and in certain characteristics of the farm enterprise?