Mechanisation and economics

Question 1 of 10

A tractor implement used for primary tillage is the

Question 2 of 10

Revenue GH¢12,000, variable costs GH¢5,000, fixed costs GH¢3,000. Net farm income is

Question 3 of 10

A disadvantage of farm mechanisation in Ghana is

Question 4 of 10

A farm's total revenue is GH¢15,000 and total cost GH¢9,000. What is its profit?

Question 5 of 10

Labour cost is an example of a

Question 6 of 10

A tractor bought for GH¢200,000 with a salvage value of GH¢20,000 and 10-year life depreciates per year by (straight line)

Question 7 of 10

Money spent on seeds and fertiliser for a season is a

Question 8 of 10

Farmers who come together to buy inputs and sell produce form a

Question 9 of 10

A ridger is used to

Question 10 of 10

Farm records help the farmer to