Meaning of marginal farmer | Babel Free

Definitions

1. A farmer with a bare subsistence level of income from their own land, sometimes working as an agricultural laborer.
2. Used other than figuratively or idiomatically: see marginal, farmer.

Examples

“In India, the percentage of marginal farmers among all farmers is nearly 70%.”

“First, in equilibrium the marginal (last) farmer finds that the cost of the last unit of fertilizer (i.e. the market price) is just equal to its benefit.”

“(“Marginal” in an economic sense means “additional” or “incremental,” but has no normative or pejorative connotation.) At that point, adding more workers to a unit of farmland leads to less and less additional output, because the land cannot accommodate so many workers. […] No marginal product, or even a negative marginal product, results from the marginal farmer.”

“Farmers maximise expected profit under each technology and government maximises welfare. This determines when the marginal farmer chooses legal GM seed rather than illegal GM seed or conventional seed.”

CEFR level