Neco Model Questions Vol1 2019 Geography Question 27

Practice objective / multiple choice question 27 from the 2019 Neco Model Questions Vol1 Geography examination.

Neco Model Questions Vol1 2019 Geography Objective / Multiple Choice Hard Difficulty
Question 27 NECO_MODEL_QUESTIONS_VOL1 • 2019 • GEOGRAPHY • objective

A farmer has 10 ha of land to allocate between maize and soybeans. Maize yields \(4\) t ha\(^{-1}\) and sells for \(\₦80\) per kg; soybeans yield \(2.5\) t ha\(^{-1}\) and sell for \(\₦150\) per kg. Variable costs are \(\₦30{,}000\) ha\(^{-1}\) for maize and \(\₦45{,}000\) ha\(^{-1}\) for soybeans, with a fixed farm cost of \(\₦150{,}000\). The farmer wants a total profit of at least \(\₦3{,}000{,}000\). What is the minimum area (in hectares) that must be planted to soybeans?

Answer Options

Correct Answer A. 6.25
B. 8.33
C. 5.00
D. 7.50
Correct Answer
A
Correct Option:
6.25

About This Question

This is Neco Model Questions Vol1 2019 Geography Question 27. It is one of the objective questions from the 2019 Neco Model Questions Vol1 Geography examination.

Difficulty level: Hard .

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