What is marketable and marketed surplus??
Dear student,
Marketable surplus refers to the excess of production of a farmer above its consumption level that he can produce in a market for sale, or in other words, it is the amount of production that the farmer offers in market for sale.
Marketed surplus is the amount of marketable surplus that the farmer or producer has already taken to market to earn profit.
The difference between the both is that the marketable surplus is the amount of excess produce which farmer or producer has in hand that he can offer to market for sale while marketed surplus is the amount of excess produce which farmer or producer has offered to market for sale.
Regards
Marketable surplus refers to the excess of production of a farmer above its consumption level that he can produce in a market for sale, or in other words, it is the amount of production that the farmer offers in market for sale.
Marketed surplus is the amount of marketable surplus that the farmer or producer has already taken to market to earn profit.
The difference between the both is that the marketable surplus is the amount of excess produce which farmer or producer has in hand that he can offer to market for sale while marketed surplus is the amount of excess produce which farmer or producer has offered to market for sale.
Regards