Post Utme Delsu 2025 Economics Question 7

Practice objective / multiple choice question 7 from the 2025 Post Utme Delsu Economics examination.

Post Utme Delsu 2025 Economics Objective / Multiple Choice
Question 7 POST_UTME_DELSU • 2025 • ECONOMICS • objective

A farmer in Nigeria has 100 hectares of land to plant maize. The price of maize is ₦200 per ki\logram, and the \cost of planting and harvesting is ₦100,000. If the yield per hectare is 10,000 ki\lograms, what is the maximum amount the farmer can afford to pay for the land?

Answer Options

A. ₦1,000,000
Correct Answer B. ₦1,500,000
C. ₦2,000,000
D. ₦2,500,000
Correct Answer
B
Correct Option:
₦1,500,000

About This Question

This is Post Utme Delsu 2025 Economics Question 7. It is one of the objective questions from the 2025 Post Utme Delsu Economics examination.

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