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

When input prices rise, what is the most prudent decision for a marginal farmer?

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Answer and explanation

Correct answer: Comparing cost, expected yield and market price

Input decisions should consider both profit and risk. In exams, link cost-benefit analysis with farmer decisions.

Tags

agricultureinput-costmarginal-farmerdecision-making

Frequently asked questions

What is the correct answer to this question?

Comparing cost, expected yield and market price

Why is this the correct answer?

Input decisions should consider both profit and risk. In exams, link cost-benefit analysis with farmer decisions.

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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