Waec Model Questions Vol1 2020 Agricultural Science Question 24
Practice objective / multiple choice question 24 from the 2020 Waec Model Questions Vol1 Agricultural Science examination.
A farmer grows maize. Fixed costs (land rent, equipment) are ₦150,000 per season. Variable cost is ₦120 per kilogram of maize produced. The market price is ₦200 per kilogram, but a 5 % discount on total sales is given if the quantity sold exceeds 2,000 kg. What is the minimum production quantity (in kilograms) at which the farmer breaks even, taking the discount into account?
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About This Question
This is Waec Model Questions Vol1 2020 Agricultural Science Question 24. It is one of the objective questions from the 2020 Waec Model Questions Vol1 Agricultural Science examination.
Difficulty level: Medium .
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