NURSING ANM AND GNM

Detailed explanation-1: -Feed is the largest single cost item for livestock and poultry production, accounting for 60%–70% of the total cost in most years. Although energy, labor, and other inputs have increased, feed costs have increased anywhere from 40%–60% (depending on the species) in the last two years.

Detailed explanation-2: -Just 55 percent of the world’s crop calories are actually eaten directly by people. Another 36 percent is used for animal feed.

Detailed explanation-3: -In agriculture, cost of seed, manure’s and fertilizers, irrigation, labour are the variable costs. The sum of fixed costs and variable costs forms the ‘total cost’, when the total expenditure is deducted from the total returns (income), one gets the ‘net profit’.