Waec Model Questions Vol1 2022 Agricultural Science Question 36

Practice objective / multiple choice question 36 from the 2022 Waec Model Questions Vol1 Agricultural Science examination.

Waec Model Questions Vol1 2022 Agricultural Science Objective / Multiple Choice Hard Difficulty
Question 36 WAEC_MODEL_QUESTIONS_VOL1 • 2022 • AGRICULTURAL_SCIENCE • objective

A farmer plans to grow maize. Fixed cost = ₦150,000. Variable cost = ₦45,000 per hectare. Expected yield = 5 tonnes per hectare. Expected market price = ₦30,000 per tonne, but if total production exceeds 20 tonnes the price falls by 10%. The farmer can plant either 3 ha or 5 ha. Which planting area gives the higher profit and what is that profit?

Answer Options

A. Planting 3 hectares gives a profit of ₦300,000
B. Planting 5 hectares gives a profit of ₦270,000
C. Planting 3 hectares gives a profit of ₦250,000
Correct Answer D. Planting 5 hectares gives a profit of ₦300,000
Correct Answer
D
Correct Option:
Planting 5 hectares gives a profit of ₦300,000

About This Question

This is Waec Model Questions Vol1 2022 Agricultural Science Question 36. It is one of the objective questions from the 2022 Waec Model Questions Vol1 Agricultural Science examination.

Difficulty level: Hard .

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