Waec Model Questions Vol1 2023 Agricultural Science Question 27
Practice objective / multiple choice question 27 from the 2023 Waec Model Questions Vol1 Agricultural Science examination.
A farmer plans to grow tomatoes. Fixed costs for the season are ₦150,000 and the variable cost is ₦200 per kilogram of tomatoes produced. The expected yield is 2,500 kg and the anticipated market price is ₦350 per kilogram. After harvest, the market price falls by 10 %. What is the farmer's profit after the price drop?
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About This Question
This is Waec Model Questions Vol1 2023 Agricultural Science Question 27. It is one of the objective questions from the 2023 Waec Model Questions Vol1 Agricultural Science examination.
Difficulty level: Medium .
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