Neco 2025 Agricultural Science Question 47
Practice objective / multiple choice question 47 from the 2025 Neco Agricultural Science examination.
A farmer cultivates 5 ha of cassava. Fixed costs (land, labour) are \(\text{₦}150{,}000\) per hectare per season. Variable cost is \(\text{₦}30{,}000\) per tonne of expected yield. Expected yield is 12 tonnes per hectare and the market price is \(\text{₦}45{,}000\) per tonne. A new high‑yield variety would increase yield by 20% but raise the variable cost by 15% per tonne. Should the farmer adopt the new variety? State the profit difference per hectare.
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About This Question
This is Neco 2025 Agricultural Science Question 47. It is one of the objective questions from the 2025 Neco Agricultural Science examination.
Difficulty level: Medium .
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