Question

Let's Discuss
Let us take three farmers. Each has grown wheat on his field though the
production is different (see Column 2). The consumption of wheat by each
farmer family is the same (Column 3). The whole of surplus wheat this year
is used as capital for next year's production. Also suppose, production is
Iwice the capital used in production. Complete the tables.
Farnter 1
Production
Consumption
Capital for the
Surplus
Production
Consumption
next year
Ve
100
40
60
60
Year 2
120
40
10
Farmer 2
Production
Consumption
Surplus
Capital for the
next year
Year 1
80
10
40
40
Farmer 3
Production
Consumption
Surplus
Capital for the
next year
60
-10
10
40​

Answer 1

Answer:

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