The portion of agricultural produce which the farmer actually sells in the market after satisfying his domestic need is called : –
Profitable
Incorrect AnswerMarketed Surplus
Correct AnswerCost surplus
Incorrect AnswerNone of the above
Incorrect AnswerExplanation:
- Option 1: Profitable
This refers to the condition when income from the sales exceeds the costs. It is a financial term, not specifically related to the portion sold.
- Option 2: Marketed Surplus
This is the correct term used for the portion of agricultural produce that a farmer sells after meeting his own needs. It reflects only the amount available for sale in the market.
- Option 3: Cost Surplus
This is not a commonly used term in agricultural economics. It is not the correct option for the given context.
- Option 4: None of the above
This would mean that none of the options are correct. However, since "Marketed Surplus" is indeed a correct term, this option does not apply.
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