Post Utme Afe Babalola University 2022 Economics Question 14

Practice objective / multiple choice question 14 from the 2022 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2022 Economics Objective / Multiple Choice
Question 14 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2022 • ECONOMICS • objective

A farmer has 100 hectares of land and can grow two crops: wheat and maize. The profit from growing wheat is ₦1000 per hectare, while the profit from growing maize is ₦800 per hectare. If the farmer can sell the crops at any time, find the optimal crop mix that maximizes profit.

Answer Options

A. Wheat: 50 hectares, Maize: 50 hectares
Correct Answer B. Wheat: 75 hectares, Maize: 25 hectares
C. Wheat: 25 hectares, Maize: 75 hectares
D. Wheat: 0 hectares, Maize: 100 hectares
Correct Answer
B
Correct Option:
Wheat: 75 hectares, Maize: 25 hectares

About This Question

This is Post Utme Afe Babalola University 2022 Economics Question 14. It is one of the objective questions from the 2022 Post Utme Afe Babalola University Economics examination.

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