Neco 2022 Agricultural Science Question 28

Practice objective / multiple choice question 28 from the 2022 Neco Agricultural Science examination.

Neco 2022 Agricultural Science Objective / Multiple Choice Hard Difficulty
Question 28 NECO • 2022 • AGRICULTURAL_SCIENCE • objective

A farmer grows cassava on one hectare. Fixed cost for the season is \(\text{₦}120,000\) and the variable cost (excluding fertilizer) is \(\text{₦}30,000\) per hectare. Yield (tonnes per hectare) depends on the amount of fertilizer applied, \(x\) kg/ha, according to \(Y = 10 + 0.2x\) (tonnes), but yield cannot exceed 15 t/ha. The market price per tonne is \(\text{₦}20,000\) when the yield is 10 t/ha; for each additional tonne produced the price falls by 3 % of the original price. Fertilizer costs \(\text{₦}2,000\) per kg. Profit per hectare is revenue minus all costs. What amount of fertilizer (in whole kilograms) should be applied to maximise profit, and what is the maximum profit (rounded to the nearest naira)?

Answer Options

A. Apply 15 kg of fertilizer per hectare; maximum profit = \\(\\text{₦}53,210\\)
Correct Answer B. Apply 17 kg of fertilizer per hectare; maximum profit = \(\text{₦}56,664\)
C. Apply 18 kg of fertilizer per hectare; maximum profit = \\(\\text{₦}57,890\\)
D. Apply 16 kg of fertilizer per hectare; maximum profit = \\(\\text{₦}55,432\\)
Correct Answer
B
Correct Option:
Apply 17 kg of fertilizer per hectare; maximum profit = \(\text{₦}56,664\)

About This Question

This is Neco 2022 Agricultural Science Question 28. It is one of the objective questions from the 2022 Neco Agricultural Science examination.

Difficulty level: Hard .

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