Question 2

The table below relates to the application of fertilizer to a fixed area of land and the production of maize. Use the table to answer the questions that follow.

Tones of fertilizer Applied Total production in Bags Marginal product
0 1,000 -
1 1,100 100
2 1,250 150
3 1,500 250
4 - 400
5 - 250
6 - 125
7 2,350 -
8 2,380 -
9 2,330 -

(a) What will be the total output of maize when no fertilizer is applied to the land?
(b) Calculate the total product after the application of the following quantities of fertilizer:
(i) 4 tonnes;
(ii) 5 tonnes;
(iii) 6 tonnes.
(c) Calculate the marginal product after the application of the following quantities of fertilizer:
(i) 7 tonnes;
(ii) 8 tonnes;
(iii) 9 tonnes.
(d) (i) After what level of the application of fertilizer does diminishing marginal returns occur?
(ii) After what level of fertilizer application will the total output decrease? 

Theory

Question details

Exam body
WAEC
Subject
Economics
Year
1999
Question no.
#2
Type
Theory

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