Match the following columns Column I Column II a. All actual expenses in cash and kind incurred in production by owner 1. Cost - B1 b. Cost - A1 + rent paid for leased in land 2. Cost - A1 c. Cost - B1 + rental value of owned land and rent paid for leased-in land 3. Cost - A2 d. Cost - B1 + imputed value of family labour 4. Cost - B2 5. Cost - C1

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This question belongs to Agriculture Agricultural Economics

Agricultural Economics

?

Match the following columns

Column I Column II

a. All actual expenses in cash and kind incurred in production by owner 1. Cost - B₁

b. Cost - A₁ + rent paid for leased in land 2. Cost - A₁

c. Cost - B₁ + rental value of owned land and rent paid for leased-in land 3. Cost - A₂

d. Cost - B₁ + imputed value of family labour 4. Cost - B₂

5. Cost - C₁

A) a-1, b-2, c-3, d-4 B) a-2, b-3, c-4, d-1 C) a-3, b-4, c-2, d-1 D) a-2, b-3, c-4, d-5

Answer & Solution

Correct Answer: Option D

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Column I	Column II
a. All actual expenses in cash and kind incurred in production by owner	1. Cost - B₁
b. Cost - A₁ + rent paid for leased in land	2. Cost - A₁
c. Cost - B₁ + rental value of owned land and rent paid for leased-in land	3. Cost - A₂
d. Cost - B₁ + imputed value of family labour	4. Cost - B₂
	5. Cost - C₁