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What is marketable surplus
What is marketable surplus
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Solution
The difference between a farmer’s entire output and his on-farm consumption is referred to as marketable surplus. To put it another way, it’s the percentage of total produce that the farmer sells in the market. Total farm production produced by farmer – Own consumption of farm product = Marketable surplus.
The difference between a farmer’s entire output and his on-farm consumption is referred to as marketable surplus. To put it another way, it’s the percentage of total produce that the farmer sells in the market. Total farm production produced by farmer – Own consumption of farm product = Marketable surplus.
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