Gce Model Questions Vol1 2020 Commerce Question 43
Practice objective / multiple choice question 43 from the 2020 Gce Model Questions Vol1 Commerce examination.
An advertising agency proposes a TV campaign. Each 30‑second slot costs ₦2,500. The agency estimates that each slot reaches 0.8\% of the target market of 2,500,000 people, and that the average frequency (average number of times a person sees the ad) is given by \(F = 1 + 0.05n\) where \(n\) is the number of slots purchased. The client requires a minimum average frequency of 3. Determine (i) the minimum number of slots required, (ii) the total advertising cost, (iii) the number of distinct individuals reached (assuming the frequency model holds), and (iv) the net profit if the client expects a profit of ₦15 per person reached.
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About This Question
This is Gce Model Questions Vol1 2020 Commerce Question 43. It is one of the objective questions from the 2020 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Hard .
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