Post Utme Covenant University 2021 Geography Question 14

Practice objective / multiple choice question 14 from the 2021 Post Utme Covenant University Geography examination.

Post Utme Covenant University 2021 Geography Objective / Multiple Choice
Question 14 POST_UTME_COVENANT_UNIVERSITY • 2021 • GEOGRAPHY • objective

A farmer is considering using a new type of fertilizer that contains a high concentration of nitrogen. The fertilizer will increase crop yields by 20% but will also increase the cost of production by 15%. What is the net effect on the farmer's profit?

Answer Options

Correct Answer A. Increase in profit
B. Decrease in profit
C. No change in profit
D. Uncertain effect on profit
Correct Answer
A
Correct Option:
Increase in profit

About This Question

This is Post Utme Covenant University 2021 Geography Question 14. It is one of the objective questions from the 2021 Post Utme Covenant University Geography examination.

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