Bece Model Questions Vol1 2017 Edo L1 Question 47

Practice objective / multiple choice question 47 from the 2017 Bece Model Questions Vol1 Edo L1 examination.

Bece Model Questions Vol1 2017 Edo L1 Objective / Multiple Choice Medium Difficulty
Question 47 BECE_MODEL_QUESTIONS_VOL1 • 2017 • EDO_L1 • objective

Obi was a diligent farmer who cultivated yams on his modest plot. At the end of the season, he harvested 1,200 kg of yams. The local market paid ₦30 per kilogram, while the city market offered ₦45 per kilogram. Although the city market was farther, Obi decided to transport his surplus there. He reasoned that the extra distance would be offset by the higher price, allowing him to earn more despite the transport cost of ₦5,000. According to the passage, what is the main reason Obi decides to sell his surplus at the city market instead of the local market?

Answer Options

A. Because the local market is closer, reducing transportation expenses.
B. Because the city market provides better quality buyers, guaranteeing higher profit margins.
C. Because the city market has a larger customer base, ensuring faster sales.
Correct Answer D. Because the city market offers a higher price per kilogram, which outweighs the transport cost.
Correct Answer
D
Correct Option:
Because the city market offers a higher price per kilogram, which outweighs the transport cost.

About This Question

This is Bece Model Questions Vol1 2017 Edo L1 Question 47. It is one of the objective questions from the 2017 Bece Model Questions Vol1 Edo L1 examination.

Difficulty level: Medium .

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