Neco 2024 Agricultural Science Question 40
Practice objective / multiple choice question 40 from the 2024 Neco Agricultural Science examination.
A farmer has 10 ha of land to allocate between maize and soybeans. Expected yields are 3.5 t ha\(^{-1}\) for maize and 2.8 t ha\(^{-1}\) for soybeans. Market prices are \(\text{₦}120,000\) per tonne of maize and \(\text{₦}150,000\) per tonne of soybeans. Production costs are \(\text{₦}30,000\) per ha for maize and \(\text{₦}40,000\) per ha for soybeans. The farmer must produce at least 20 t of maize for food security. Determine the area (in ha) to plant with each crop that maximises profit and state the maximum profit (in \(\text{₦}\)).
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About This Question
This is Neco 2024 Agricultural Science Question 40. It is one of the objective questions from the 2024 Neco Agricultural Science examination.
Difficulty level: Medium .
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