Gce Model Questions Vol1 2023 Agricultural Science Question 28
Practice objective / multiple choice question 28 from the 2023 Gce Model Questions Vol1 Agricultural Science examination.
A small farm has fixed costs of ₦120 000 per season. The variable cost is ₦300 per unit of produce. The selling price is ₦500 per unit for the first 200 units; any unit beyond 200 receives a 10 % discount on the price. What is the minimum total number of units that must be produced and sold to achieve a profit of at least ₦50 000? Give your answer as a whole number of units.
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About This Question
This is Gce Model Questions Vol1 2023 Agricultural Science Question 28. It is one of the objective questions from the 2023 Gce Model Questions Vol1 Agricultural Science examination.
Difficulty level: Medium .
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