Neco 2019 Agricultural Science Question 28

Practice objective / multiple choice question 28 from the 2019 Neco Agricultural Science examination.

Neco 2019 Agricultural Science Objective / Multiple Choice Medium Difficulty
Question 28 NECO • 2019 • AGRICULTURAL_SCIENCE • objective

A farmer incurs a fixed cost of \(150{,}000\) ₦ per season and a variable cost of \(30{,}000\) ₦ per tonne of cassava produced. The selling price is \(80{,}000\) ₦ per tonne for the first 5 tonnes and \(70{,}000\) ₦ per tonne for any production beyond 5 tonnes. If the farmer produces 8 tonnes of cassava, what is the net profit (in ₦) for the season?

Answer Options

A. 370000
B. 250000
C. 460000
Correct Answer D. 220000
Correct Answer
D
Correct Option:
220000

About This Question

This is Neco 2019 Agricultural Science Question 28. It is one of the objective questions from the 2019 Neco Agricultural Science examination.

Difficulty level: Medium .

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