Waec Model Questions Vol1 2019 Agricultural Science Question 16
Practice objective / multiple choice question 16 from the 2019 Waec Model Questions Vol1 Agricultural Science examination.
A government agricultural extension programme intends to train small‑holder maize farmers. The fixed overhead cost of the programme is ₦200 000. Each farmer trained incurs a variable cost of ₦1 500 for materials and trainer fees. After training, each farmer is expected to increase maize yield by 1.2 t ha⁻¹ on the 1.5 ha he/she cultivates. The market price of maize is ₦45 kg⁻¹ and the variable production cost (excluding training) is ₦12 kg⁻¹. What is the minimum number of farmers that must adopt the new practice for the total net profit from the increased production to equal the total programme cost? Give your answer as the smallest whole number of farmers.
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About This Question
This is Waec Model Questions Vol1 2019 Agricultural Science Question 16. It is one of the objective questions from the 2019 Waec Model Questions Vol1 Agricultural Science examination.
Difficulty level: Hard .
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