Waec Model Questions Vol1 2021 Economics Question 16

Practice objective / multiple choice question 16 from the 2021 Waec Model Questions Vol1 Economics examination.

Waec Model Questions Vol1 2021 Economics Objective / Multiple Choice Hard Difficulty
Question 16 WAEC_MODEL_QUESTIONS_VOL1 • 2021 • ECONOMICS • objective

A farmer needs exactly 120 kg of nitrogen for a field. He can purchase two fertilizers: Fertilizer A contains 30% nitrogen and costs ₦500 per kg, while Fertilizer B contains 20% nitrogen and costs ₦400 per kg. The farmer's equipment can handle at most 500 kg of total fertilizer. Determine how many kilograms of each fertilizer the farmer should buy to meet the nitrogen requirement at the minimum possible cost, and state that minimum cost.

Answer Options

A. 300 kg of Fertilizer A, 150 kg of Fertilizer B; minimum cost ₦210,000
B. 500 kg of Fertilizer A, 0 kg of Fertilizer B; minimum cost ₦250,000
Correct Answer C. 400 kg of Fertilizer A, 0 kg of Fertilizer B; minimum cost ₦200,000
D. 350 kg of Fertilizer A, 75 kg of Fertilizer B; minimum cost ₦205,000
Correct Answer
C
Correct Option:
400 kg of Fertilizer A, 0 kg of Fertilizer B; minimum cost ₦200,000

About This Question

This is Waec Model Questions Vol1 2021 Economics Question 16. It is one of the objective questions from the 2021 Waec Model Questions Vol1 Economics examination.

Difficulty level: Hard .

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