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Agricultural Science Past Questions and Answers

Waec Agricultural Science Questions

Question 761:
The natural resource utilized for production is
  • A Capital
  • B Management
  • C Labour
  • D Land
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Question 762:
An increase in supply of agricultural produce can be caused by the following except
  • A Reduced cost of production
  • B Favourable weather conditions
  • C Reduced taxation
  • D Consumers buying less products
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Question 763:
Which of the following constitutes subsidy in agricultural enterprise?
  • A Supply of fertilizer to farmers at reduced price
  • B Borrowing of money from a thrift society
  • C Provision of money to farmers through commercial banks
  • D Provision of services through co-operative societies
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Question 764:
Records of money transactions in a farming business are termed
  • A Farm inputs
  • B Farm accounts
  • C Capital
  • D Farm liabilities
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Question 765:
Calculate the salvage value of a tractor with a depreciation value of N10,580.00 and initial cost of N50,000.00 after a year of use.
  • A N10,580.00
  • B N30,290.00
  • C N39,420.00
  • D N60,580.00
View Answer & Explanation