Neco Model Questions Vol1 2024 Agricultural Science Question 33
Practice objective / multiple choice question 33 from the 2024 Neco Model Questions Vol1 Agricultural Science examination.
The farmer has \(3\) ha to allocate between maize and soybeans. Maize yields \(3\) t/ha and sells for ₦\(150\) per kg; its variable cost is ₦\(50\) per kg. Soybeans yield \(2\) t/ha and sell for ₦\(200\) per kg; variable cost is ₦\(30\) per kg. Fixed costs for the farm are ₦\(400\,000\). The farmer wants a net profit (total profit minus fixed costs) of at least ₦\(580\,000\) and must keep at least \(1\) ha under maize for soil rotation. What is the minimum whole number of hectares that must be planted to soybeans to satisfy both conditions?
Answer Options
About This Question
This is Neco Model Questions Vol1 2024 Agricultural Science Question 33. 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.