A comprehensive list of Agricultural science questions with answers to help you prepare for JAMB, WAEC, NECO, Post UTME exams.
The wear and tear of farm structures over time is described as
Appreciation
Depreciation
Capitalization
Salvage value
Correct answer is B
Choice B is correct. The wear and tear of farm structures overtime is described as depreciation.
What is the change in quantity of rice demand when the price increases from N1.00 to N5.00?
8kg
6kg
4kg
2kg
Correct answer is B
No explanation has been provided for this answer.
The factor of production whose reward is profit is
Land
Labour
Capital
Entrepreneurship
Correct answer is D
The factor of production whose reward is profit is entrepreneurship. The reward for land is rent, the reward for labour is wages or salaries while the reward for entrepreneur is profit and the reward for entrepreneur is profit and the reward for capital is interest. Therefore, choice D is correct.
The type of labour available to peasant farmers is
Family labour
Paid labour
Skilled labour
Migrant labour
Correct answer is A
The type of labour available to peasant farmers is family labour because most peasant farmers practise subsistence agriculture. Choice A is correct.
Rural farmers mostly obtain loans from
Government
International Monetary Fund
Merchant Banks
Money Lenders
Correct answer is D
Choice D is correct because most rural farmers don't actually have access to merchant banks, IMF, government etc.