Waec Model Questions Vol1 2024 Agricultural Science Question 4
Practice objective / multiple choice question 4 from the 2024 Waec Model Questions Vol1 Agricultural Science examination.
A farmer plans to grow tomatoes on 2 ha. Fixed costs (land preparation, irrigation) amount to ₦200 000, and variable costs are ₦120 000 per hectare. Expected yield is 25 000 kg per hectare. The market price is expected to be ₦50 per kg, but if total production exceeds 50 000 kg the price falls by 10 %. What is the minimum market price per kilogram (after any reduction) that the farmer must obtain to break even?
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About This Question
This is Waec Model Questions Vol1 2024 Agricultural Science Question 4. It is one of the objective questions from the 2024 Waec Model Questions Vol1 Agricultural Science examination.
Difficulty level: Medium .
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