Neco Model Questions Vol1 2020 Agricultural Science Question 42

Practice objective / multiple choice question 42 from the 2020 Neco Model Questions Vol1 Agricultural Science examination.

Neco Model Questions Vol1 2020 Agricultural Science Objective / Multiple Choice Medium Difficulty
Question 42 NECO_MODEL_QUESTIONS_VOL1 • 2020 • AGRICULTURAL_SCIENCE • objective

A farmer plans to raise broiler chickens. Fixed costs (housing, equipment) amount to \(\text{₦}120{,}000\) per batch and the variable cost per bird is \(\text{₦}1{,}200\). The market price is \(\text{₦}2{,}000\) per bird for the first 500 birds sold; any bird sold beyond 500 receives a 10\% discount on the market price. What is the minimum number of birds that must be sold to break even?

Answer Options

A. 120
Correct Answer B. 150
C. 250
D. 200
Correct Answer
B
Correct Option:
150

About This Question

This is Neco Model Questions Vol1 2020 Agricultural Science Question 42. It is one of the objective questions from the 2020 Neco Model Questions Vol1 Agricultural Science examination.

Difficulty level: Medium .

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support