Farm management UE Past Papers Questions.

1. What are the main source of finance to farm families
2. Explain any three 3 loan repayment plans

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UNSOLVED

Present a well-documented account on the following facts in farm management environment.

1. Agriculture in Tanzania is female intensive
2. Livestock systems

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UNSOLVED

Explain the following concepts: Marginal Rate of Technical substitution, Marginal Value Product.

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UNSOLVED

A firm face demand curve given by

Q=100-2p

Marginal and average cost of the firm as constant at US$ 10 per unit.

1. What output level should the firm produce to maximize profit? What is the profit at that level.
2. What output level should the firm produce to maximize revenue? What is the profit at that level
3. The answers recorded in (i) and (ii) above are based on single value expectation assumption. What does this mean and its implication for farm management decision making .

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UNSOLVED

Calculate the respective inventory turnover and write a short report to the Managing Director of Gargen General Enterprises highlighting the status of the ratios in above table.

Answer / Solution

UNSOLVED