Gce Model Questions Vol1 2021 Agricultural Science Question 41
Practice objective / multiple choice question 41 from the 2021 Gce Model Questions Vol1 Agricultural Science examination.
A farmer keeps a herd of dairy cows. Fixed costs are N500 000 per year. Variable cost per cow is N30 000 per year. Each cow yields milk revenue of N45 000 per year. The government pays a subsidy of N5 000 per cow, but only if the herd size exceeds 20 cows. What is the smallest integer number of cows that will give the farm a profit (total revenue + subsidy > total cost)?
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About This Question
This is Gce Model Questions Vol1 2021 Agricultural Science Question 41. It is one of the objective questions from the 2021 Gce Model Questions Vol1 Agricultural Science examination.
Difficulty level: Medium .
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