Question: In the case of perishable goods marketed surplus is
Options:
Higher than marketable surplus
Lower than marketable surplus
Equal to marketable surplus
Can not be compared
The marketed surplus may be equal to the marketable surplus when the farmer neither retains more nor less than his requirement. This holds for perishable commodities and the average farmer.
The marketed surplus is more than the marketable surplus when the farmer retains a smaller quantity of the crop than his actual requirements for family and farm needs.
The marketed surplus is less than the marketable surplus when the farmers retain surplus produce.
🔴 Additional Information
Marketed surplus:
→ The quantity sold by a producer farmer irrespective of the requirements for family consumption, farm needs, and other payments.
Marketable surplus:
→ The quantity of produce that can be made available to the non-farm population of the country.
→ It is a theoretical concept of surplus.
→ The marketable surplus is the residual left with the producer farmers after meeting their requirements for consumption.