What is marketable surplus? | Class 11 Economics - Indian Economic Development Chapter Indian Economy 1950-1990, Indian Economy 1950-1990 NCERT Solutions

Question:

What is marketable surplus?

Answer:

Marketable surplus refers to the difference between the total output produced by a farmer and his on-farm consumption. In other words, it is that portion of the total output that the farmer sells in the market. 
Marketable surplus = Total farm output produced by farmer - Own consumption of farm output.


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Welcome to the NCERT Solutions for Class 11 Economics - Indian Economic Development - Chapter . This page offers a step-by-step solution to the specific question from Excercise 1 , Question 5: What is marketable surplus?....