Neco Model Questions Vol1 2018 Agricultural Science Question 27
Practice objective / multiple choice question 27 from the 2018 Neco Model Questions Vol1 Agricultural Science examination.
A farmer intends to culture catfish in a pond of 0.5 ha. The pond can be stocked at a maximum of 3 fingerlings per m². Fingerlings cost \(\text{₦}150\) each. After 4 months the average weight of each fish is expected to be 0.8 kg. The feed conversion ratio (FCR) is 1.5 kg feed per kg gain and feed costs \(\text{₦}80\) per kg. The market price of catfish is \(\text{₦}350\) per kg. The farmer wishes to earn a profit of at least \(\text{₦}500{,}000\). Determine the minimum number of fingerlings that must be stocked to meet the profit target, and state whether this number is within the pond's maximum stocking capacity.
Answer Options
About This Question
This is Neco Model Questions Vol1 2018 Agricultural Science Question 27. It is one of the objective questions from the 2018 Neco Model Questions Vol1 Agricultural Science examination.
Difficulty level: Hard .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.