Neco Model Questions Vol1 2021 Agricultural Science Question 29
Practice objective / multiple choice question 29 from the 2021 Neco Model Questions Vol1 Agricultural Science examination.
A mixed farm cultivates maize on 4 ha and rears 10 goats. Maize yields 2.5 t ha⁻¹ and sells for ₦140 kg⁻¹; the cost of production is ₦30 000 ha⁻¹. Each goat generates a profit of ₦12 000 after variable costs. Fixed overheads for the farm are ₦50 000 per year. The farmer wishes to achieve a net profit of at least ₦2 000 000 for the year. Keeping the maize area unchanged, what is the minimum number of additional goats that must be raised?
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About This Question
This is Neco Model Questions Vol1 2021 Agricultural Science Question 29. It is one of the objective questions from the 2021 Neco Model Questions Vol1 Agricultural Science examination.
Difficulty level: Medium .
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