Gce Model Questions Vol1 2019 Agricultural Science Question 41
Practice objective / multiple choice question 41 from the 2019 Gce Model Questions Vol1 Agricultural Science examination.
The farmer has 10 ha to cultivate. He can either (i) purchase a wooden plough for ₦2 000 and plough manually, incurring a labour cost of ₦200 per hectare; or (ii) purchase a steel plough for ₦8 000, which requires a tractor hire of ₦500 per day. The tractor can work 2 ha per day and reduces the manual labour cost by 30 % (i.e., the labour cost becomes 70 % of the manual rate). Assuming the farmer uses the chosen equipment for the whole 10 ha, which option results in the lower total cost? State the total cost for each option and the cheaper choice.
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About This Question
This is Gce Model Questions Vol1 2019 Agricultural Science Question 41. It is one of the objective questions from the 2019 Gce Model Questions Vol1 Agricultural Science examination.
Difficulty level: Medium .
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