Neco Model Questions Vol1 2024 Agricultural Science Question 16
Practice objective / multiple choice question 16 from the 2024 Neco Model Questions Vol1 Agricultural Science examination.
A farmer grows maize. Fixed costs are \(150{,}000\) Naira per season and the variable cost is \(30{,}000\) Naira per tonne. The selling price per tonne is \(55{,}000\) Naira for the first 10 tonnes, but for each tonne above 10 the price falls by \(500\) Naira because of market saturation. How many tonnes must be produced and sold to achieve a profit of at least \(120{,}000\) Naira?
Answer Options
About This Question
This is Neco Model Questions Vol1 2024 Agricultural Science Question 16. It is one of the objective questions from the 2024 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.