Neco Model Questions Vol1 2025 Economics Question 24

Practice objective / multiple choice question 24 from the 2025 Neco Model Questions Vol1 Economics examination.

Neco Model Questions Vol1 2025 Economics Objective / Multiple Choice Hard Difficulty
Question 24 NECO_MODEL_QUESTIONS_VOL1 • 2025 • ECONOMICS • objective

A farmer has 100 hectares of land, 240 labour units and 460 water units available. He can plant maize (profit \(\text{₦}3000\) per hectare) requiring 2 labour units and 5 water units per hectare, or soybeans (profit \(\text{₦}4000\) per hectare) requiring 3 labour units and 4 water units per hectare. How many hectares of each crop should be planted to maximise total profit, and what is the maximum profit?

Answer Options

Correct Answer A. 60 ha maize, 40 ha soybeans; maximum profit = 340000 naira
B. 50 ha maize, 50 ha soybeans; maximum profit = 350000 naira
C. 70 ha maize, 30 ha soybeans; maximum profit = 330000 naira
D. 40 ha maize, 60 ha soybeans; maximum profit = 360000 naira
Correct Answer
A
Correct Option:
60 ha maize, 40 ha soybeans; maximum profit = 340000 naira

About This Question

This is Neco Model Questions Vol1 2025 Economics Question 24. It is one of the objective questions from the 2025 Neco Model Questions Vol1 Economics examination.

Difficulty level: Hard .

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