Question
In the A2+FL method of MSP calculation, ‘FL’ stands
for:Solution
In the A2+FL method of MSP calculation, ‘FL’ stands for Family Labor. This method calculates MSP by adding the value of labor provided by family members for agriculture to the A2 costs (which include spending on seeds, fertilizers, pesticides, and hired labor). The MSP is then set 50% higher than this combined amount.
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