Which is used to calculate the expected change in profit for a proposed change in the farm business?

Correct option is C

· Correct answer: (c) Partial budget
· A partial budget is used to calculate the expected change in profit when there is a proposed change in a farm business. It helps compare the potential benefits and costs of making a change in the farming operation.
Other options:
· (a) Enterprise budget: This focuses on the costs and returns of individual enterprises, not overall changes in profit.
· (b) Complete budget: A complete budget accounts for all aspects of a farm business, not just changes due to a proposed change.
· (d) None of the above: Incorrect, as the correct answer is partial budget.