Q1
Cost calculated for per hectare is known as
A.
Cost of cultivation
AnswerB.
Cost of production
C.
Cost of farming
D.
Fixed cost
Answer: Option A
Solution
Answer: Option A
Solution:
The correct answer is Option A: Cost of cultivation. This is the cost incurred in cultivating crops or managing agricultural activities on a per-hectare basis. It includes expenses related to seeds, fertilizers, labor, machinery, and other inputs necessary for farming. It helps farmers assess the financial feasibility and efficiency of their agricultural practices.