Gce Model Questions Vol1 2021 Agricultural Science Question 7
Practice objective / multiple choice question 7 from the 2021 Gce Model Questions Vol1 Agricultural Science examination.
A mixed farm has 5 ha of land and can keep up to 30 cows. Wheat yields 2.5 t ha⁻¹ and sells for \(\$200\) t⁻¹; variable cost is \(\$80\) t⁻¹ and fixed cost \(\$200\) ha⁻¹. Each cow produces 20 L day⁻¹ of milk, sold at \(\$0.45\) L⁻¹; variable cost is \(\$0.15\) L⁻¹ and fixed cost \(\$300\) cow⁻¹ yr⁻¹. Each cow requires 0.1 ha of land for feed. Determine the number of cows and the hectares of wheat that maximise total annual profit.
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About This Question
This is Gce Model Questions Vol1 2021 Agricultural Science Question 7. It is one of the objective questions from the 2021 Gce Model Questions Vol1 Agricultural Science examination.
Difficulty level: Hard .
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