Gce Model Questions Vol1 2022 Agricultural Science Question 36
Practice objective / multiple choice question 36 from the 2022 Gce Model Questions Vol1 Agricultural Science examination.
A farm produces 5,000 kg of tomatoes. Fixed costs are N500,000 and the variable cost is N80 per kg for the first 4,000 kg. For any quantity above 4,000 kg the farmer receives a 5 % discount on the variable cost. The farmer wishes to earn a profit of N200,000. What minimum selling price per kilogram of tomato must be set to achieve this profit?
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About This Question
This is Gce Model Questions Vol1 2022 Agricultural Science Question 36. It is one of the objective questions from the 2022 Gce Model Questions Vol1 Agricultural Science examination.
Difficulty level: Medium .
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