Question

In: Operations Management

2 quintal of mango was harvested. 1.5% was wasted due to diseases during post-harvest, 1% was...

2 quintal of mango was harvested. 1.5% was wasted due to diseases during post-harvest, 1% was lost due to animal consumption.

Family consumption of mango is 25 kilograms, 5 kilograms was given to labor as wages, 5 kilograms was retained for farm needs, and 3 kilograms was retained for other purposes.

CALCULATE MARKETABLE SURPLUS

Note: NOTE: PLEASE ANSWER ACCURATELY ONLY IF YOU KNOW. I AM GETTING LOT OF WRONG ANSWERS ON CHEGG. I AM POSTING IT FOR THE SECOND TIME. SOMEONE ANSWERED IT WRONG. IF YOU DO NOT KNOW HOW TO CALCULATE THEN LEAVE IT. I AM POSTING IT FOR THE SECOND TIME. SOME ONE ANSWERED IT WRONG

Solutions

Expert Solution

Marketable surplus means the net produce which is available to the farmer for sales in market purpose. This quantity of marketable surplus is the net quantity from the total produce after deducting the loss due to disease, animal consumption, self-consumption, labor, farm need, and any other form of consumption. Only the final left over produce is considered as marketable surplus.

Total post-harvest loss due to disease and animal consumption accounts for 2.5% (1.5%+1% ) of 200 kg. it translates into the consumption/loss of 5 Kg.

Consumptions other than diseases and animal consumption:

Self consumption =25 kg

Labour charges = 5kg

farm need =5 kg

Another purpose =3 kg

Hence, Consumptions other than diseases and animal consumption = 25+5+5+3=38 Kg.

Total post harvest loss and consumption = 5+38 = 43 Kg.

Marketable surplus = Total produced quantity - Total loss and all forms of consumptions

= 200-43 kg = 157 Kg. Answer.

Hence, 157 Kg is available for the farmer to sell in the market and earn a profit.


Related Solutions

Exercise 1.5* 1. Describe the effect on the demand curve due to an increase in (a)...
Exercise 1.5* 1. Describe the effect on the demand curve due to an increase in (a) the price of substitutable goods; (b) the price of complementary goods; (c) advertising expenditure. 2. If the line, P = -Q + 6, is sketched with P on the horizontal axis and Q on the verti- cal axis, find the gradient, m, and the vertical intercept, c. 3. If the demand function of a good is 2P + 3Qp = 60 where P and...
2 Program 1 - Special Values Patrick Star wasted a lot of time in Boating School...
2 Program 1 - Special Values Patrick Star wasted a lot of time in Boating School instead of signing up for his Spanish Class. Unfortunately for him, Spanish 101 is now full, and the only other class that will suit his schedule is Advanced Math. Patrick is determined not to let this defeat him. He will make his way up the stairs of learning one way or another. However, it’s been a while since Average Everyday Math, and he is...
1. Name three distinguishing characteristics of chronic diseases. 2. What are autoimmune diseases? Name two of...
1. Name three distinguishing characteristics of chronic diseases. 2. What are autoimmune diseases? Name two of them. What is the leading hypothesis about why they disproportionately affect women? 3. What type of ethical issues may arise with testing for genetic predisposition for various chronic diseases? Do you think the benefit outweighs the risks?
1. Name 5 bacterial diseases and how we acquire them. 2. Name 5 viral diseases and...
1. Name 5 bacterial diseases and how we acquire them. 2. Name 5 viral diseases and how we acquire those diseases. 3. Name 5 fungal diseases and how we acquire them. 4. Name 5 protozoans diseases and how we acquire those.
If the price of kale increases by 2% during the year due to increased demand and...
If the price of kale increases by 2% during the year due to increased demand and the average price level increases by 4% only, then it can said that, The relative price of kale increased compared to other goods and people selling kale would be worse off. The relative price of kale increased compared to other goods and people selling kale would be better off. The relative price of kale decreased compared to other goods and people selling kale would...
A payment of $16,000 is due in 1 year and $10,900 is due in 2 years....
A payment of $16,000 is due in 1 year and $10,900 is due in 2 years. What two equal payments, one in 3 years and one in 4 years would replace these original payments? Assume that money earns 4.25% compounded quarterly.
Discussion Post#2 Due April 8 11:59pm Case #2: Use the following story to complete the questions...
Discussion Post#2 Due April 8 11:59pm Case #2: Use the following story to complete the questions below: Ruth is an 85-year-old woman who lives with her husband, who is 87. Two nights before her admission to your cardiac unit, she awoke with heavy substernal pressure accompanied by epigastric distress. The pain was reduced somewhat when she rolled onto her side but did not completely subside for about 6 hours. The next night, she experienced the same chest pressure. The following...
A stock is expected to pay the following dividends: $1 in 1 year, $1.5 in 2...
A stock is expected to pay the following dividends: $1 in 1 year, $1.5 in 2 years, and $1.8 in 3 years, followed by growth in the dividend of 7% per year forever after that point. The stock's required return is 14%. The stock's current price (Price at year 0) should be $____________. A stock is expected to pay the following dividends: $1.3 four years from now, $1.5 five years from now, and $1.8 six years from now, followed by...
Year Cost Project 1 Project 2 Project 2 ($1 Mil) ($1.5 Mil) ($2 Mil) 1 $300,000...
Year Cost Project 1 Project 2 Project 2 ($1 Mil) ($1.5 Mil) ($2 Mil) 1 $300,000 $900,000 $300,000 2 $300,000 $500,000 $400,000 3 $300,000 $200,000 $600,000 4 $300,000 $200,000 $600,000 5 $300,000 $0 $1,000,000 Cost of Capital is 8%. Acceptable payback period is 3 1/2 years. Acceptable discounted payback period is 4 1/2 years. Based on the above data, calculate payback, discounted payback, net present value, internal rate of return and modified rate of return. Based on the above data,...
During long space missions, astronauts can lose between 1-2% of their bone mass per month, due...
During long space missions, astronauts can lose between 1-2% of their bone mass per month, due to the lack of mechanical stress that occurs in a low-gravity environment. If an astronaut is in space for 6 months, he/she could lose over 1/10 of their total bone mass. Explain what is occurring in an astronaut’s bones during his/her time in space .
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT