Neco 2018 Agricultural Science Question 38
Practice objective / multiple choice question 38 from the 2018 Neco Agricultural Science examination.
A farmer intends to produce tomatoes for sale. Fixed costs (land, equipment) amount to N150,000. Variable cost is N30 per kilogram of tomatoes produced. The expected market price is N55 per kilogram. Post‑harvest losses amount to 10 % of the harvested quantity. The farmer wishes to earn a profit of at least N200,000 after accounting for the losses. What is the minimum amount of tomatoes (in kilograms, before loss) that must be produced to meet the profit target? Give your answer rounded up to the nearest kilogram.
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About This Question
This is Neco 2018 Agricultural Science Question 38. It is one of the objective questions from the 2018 Neco Agricultural Science examination.
Difficulty level: Medium .
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