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Questions and Answers
What is the marketable surplus?
What is the marketable surplus?
- The quantity of produce stored for future consumption
- The total quantity of produce grown by the farmers
- The quantity of produce sold in the market
- The quantity of produce available to the non-farm population after meeting the farmer's needs and obligations (correct)
What are included in a farmer's marketable surplus calculation?
What are included in a farmer's marketable surplus calculation?
- Only family consumption and farm needs
- Payments to labor and artisans, rent, and social/religious payments
- Only payments to labor and artisans
- Family consumption, farm needs, payments to labor and artisans, rent, and social/religious payments (correct)
What does the marketable surplus equation MS = P - C represent?
What does the marketable surplus equation MS = P - C represent?
- The marketable surplus as a sum of produce and consumption needs
- The total market value of the surplus produce
- The marketable surplus as a difference between produce and consumption needs (correct)
- The total amount of produce available for sale
