HORTICULTURE SCIENCE
GENERAL AGRICULTURE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Overall production
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Self-sufficient surplus
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Marketable Surplus
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None of the above
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Detailed explanation-1: -The portion of agricultural produce which is sold in the market by the farmers is called a marketed surplus. Marketed Surplus: In agriculture, marketable surplus represents the surplus of a harvest that can be sold for profit after a farmer sells their crop to cover the costs of maintaining and operating their farm.
Detailed explanation-2: -The part of farm produce which is sold in the market is called marketable surplus.
Detailed explanation-3: -Marketable surplus refers to the difference between the total output produced by a farmer and his self-consumption from that output. In other words, it is that portion of the total produce that the farmer sells in the market. Marketable surplus = Total farm output produced by farmer-Own consumption of farm output.
Detailed explanation-4: -Agribusiness is the business sector encompassing farming and farming-related commercial activities. It involves all the steps required to send an agricultural good to market, namely production, processing, and distribution.