What is marketable surplus?

Open in App

Solution

Marketable surplus refers to the difference between the total output produced by a farmer and his on-farm consumption. In other words, it is that portion of the total output that the farmer sells in the market.

Marketable surplus = Total farm output produced by farmer – Own consumption of farm output

Suggest Corrections

Similar questions

Consumer surplus is the benefit that buyers receive from participating in a market, and producer surplus is the benefit that sellers receive.

Study the supply curve given below and answer the following question.

If the market price is $4, the producer surplus is ________.

Join BYJU'S Learning Program