Waec Model Questions Vol1 2017 Agricultural Science Question 42
Practice objective / multiple choice question 42 from the 2017 Waec Model Questions Vol1 Agricultural Science examination.
A farmer intends to start a small poultry enterprise. Fixed costs are ₦120 000 per year. Variable cost per bird is ₦15 000 per year. In the first year the expected selling price per chicken is ₦30 000. In the second year the market price is projected to fall by 10 % and the variable cost per bird is expected to rise by 5 % due to inflation. Assuming the farmer raises the same number of birds each year, what is the smallest integer number of birds that must be produced each year for the farm to break even in both years?
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About This Question
This is Waec Model Questions Vol1 2017 Agricultural Science Question 42. It is one of the objective questions from the 2017 Waec Model Questions Vol1 Agricultural Science examination.
Difficulty level: Hard .
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