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

When is renting a machine more appropriate than buying it for a small farmer?

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Answer and explanation

Correct answer: When the machine is used for a short time and purchase cost is high

Renting costly machines used rarely can be economical. In exams, link resource sharing with cost saving.

Tags

agriculturemachine-rentalcost-savingsmall-farmer

Frequently asked questions

What is the correct answer to this question?

When the machine is used for a short time and purchase cost is high

Why is this the correct answer?

Renting costly machines used rarely can be economical. In exams, link resource sharing with cost saving.

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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