Gce Model Questions Vol1 2023 Agricultural Science Question 24
Practice objective / multiple choice question 24 from the 2023 Gce Model Questions Vol1 Agricultural Science examination.
A dairy farm has fixed annual costs of \(\text{₦}500\,000\) and a variable cost of \(\text{₦}120\) per litre of milk produced. Milk is sold at \(\text{₦}200\) per litre. What is the minimum number of litres of milk that must be sold each year to achieve a profit of at least \(\text{₦}150\,000\)?
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About This Question
This is Gce Model Questions Vol1 2023 Agricultural Science Question 24. It is one of the objective questions from the 2023 Gce Model Questions Vol1 Agricultural Science examination.
Difficulty level: Medium .
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