what is marketable surplus
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MARKETABLE SURPLUS
By describing something as "marketable," people in the business world mean that it is fit to sell on the market.
Surplus is the amount of product that a company manufactures or produces in excess of what is necessary to continue operations.
Marketable surplus is a term that agriculturalists use to refer to a specific type of surplus that farmers and ranchers deal with.
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Marketable surplus refers to the difference the total output produced by a Farmer and his on - farm consumption. In the other words, it is that portion of the total output that the farmer sells in the market.
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