Q.Write a short note on: Marketable surplus
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Start your 14-day free trial to unlock the full solution →Marketable surplus is the part of farm output that remains after the farmer keeps enough for his family's consumption, seed, cattle feed and payments in kind, and which is available for sale in the market to feed the non-farming population.
Marketable surplus is studied in the Agriculture Sector topic of the AP Intermediate 2nd-year Economics course (aligned with the NCERT/CBSE commerce curriculum).
Meaning and importance. The total produce of a farmer is partly retained for his own needs — family consumption, seed for the next crop, feed for cattle and payments made in kind to labourers — and the remaining part is sold in the market. This part that is actually offered for sale is called the marketable surplus. A larger marketable surplus is important because it feeds the growing non-agricultural and urban population, supplies raw materials to industry and raises the cash income of farmers. The size of the marketable surplus depends on the level …
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