Neco 2022 Agricultural Science Question 12
Practice objective / multiple choice question 12 from the 2022 Neco Agricultural Science examination.
A farmer grows maize. Fixed costs are N30,000 per season. Variable cost is N6,000 per hectare. Expected yield is 4 tonnes per hectare and the selling price is N2,500 per tonne. Let \(x\) be the number of hectares planted. (a) What is the minimum area \(x\) (in hectares) required to break even? (b) How many hectares must be planted to achieve a profit of N20,000?
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About This Question
This is Neco 2022 Agricultural Science Question 12. It is one of the objective questions from the 2022 Neco Agricultural Science examination.
Difficulty level: Medium .
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