Neco 2025 Agricultural Science Question 25

Practice objective / multiple choice question 25 from the 2025 Neco Agricultural Science examination.

Neco 2025 Agricultural Science Objective / Multiple Choice Hard Difficulty
Question 25 NECO • 2025 • AGRICULTURAL_SCIENCE • objective

A farmer produces maize. The total cost function is \(C(q)=5,000+5q+0.02q^{2}\) (₦), where \(q\) is output in tonnes. The market inverse demand is \(P=200-0.5q\) (₦ per tonne). The government imposes a per‑tonne tax of \(\text{₦}10\) on the farmer. Determine the output \(q\) that maximizes the farmer's profit after tax, and compute the maximum profit (rounded to the nearest ten naira).

Answer Options

Correct Answer A. Quantity 178 tonnes; profit \(\text{₦}11,450\)
B. Quantity 185 tonnes; profit \\(\\text{₦}12,300\\)
C. Quantity 160 tonnes; profit \\(\\text{₦}9,500\\)
D. Quantity 170 tonnes; profit \\(\\text{₦}10,800\\)
Correct Answer
A
Correct Option:
Quantity 178 tonnes; profit \(\text{₦}11,450\)

About This Question

This is Neco 2025 Agricultural Science Question 25. It is one of the objective questions from the 2025 Neco Agricultural Science examination.

Difficulty level: Hard .

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