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Class 11Home ScienceWork, Livelihood and CareerTraditional occupations in India - AgricultureExpertLevel 9

What is the difference between productivity and profitability in agriculture?

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Answer and explanation

Correct answer: Productivity is linked with output and profitability with net income after costs

Higher output does not necessarily give higher profit. Exam tip: remember the difference between yield and net income.

Tags

home-scienceproductivityprofitabilityfarm-economics

Frequently asked questions

What is the correct answer to this question?

Productivity is linked with output and profitability with net income after costs

Why is this the correct answer?

Higher output does not necessarily give higher profit. Exam tip: remember the difference between yield and net income.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Agriculture.

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