Quelpr
1 markFarm Organisation and Planning

CSEC Agricultural Science · May/June 2015 · Paper 2 · Question 7(a)

Farm economics and financial records.

Explain the meaning of the term 'gross farm income'.

The mark scheme is shown once you've answered.

Practise this question

Other parts of this question

  1. 7(b)Distinguish between variable cost and fixed cost.[2 marks]
  2. 7(c)(i)Using the information provided in Table 3 on page 8, identify TWO variable costs.[2 marks]
  3. 7(c)(ii)Using the information provided in Table 3 on page 8, identify ONE fixed cost.[1 mark]
  4. 7(d)(i)Farmer Broderick wants to increase the number of birds reared by 50 units, increasing variable costs by…[3 marks]
  5. 7(d)(ii)Calculate, stating the formula: The change in net profit.[3 marks]

More practice: the rest of this paper · more Farm Organisation and Planning questions · all CSEC Agricultural Science past papers