Gce Model Questions Vol1 2021 Government Question 3
Practice objective / multiple choice question 3 from the 2021 Gce Model Questions Vol1 Government examination.
A public agency runs a program with a fixed administrative cost of N\(2\) million and a variable cost of N\(150\) per beneficiary. The agency's budget for the program is N\(5\) million, and it wants the average cost per beneficiary not to exceed N\(300\). Determine the range of possible numbers of beneficiaries that satisfy both the budget limit and the average‑cost condition.
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About This Question
This is Gce Model Questions Vol1 2021 Government Question 3. It is one of the objective questions from the 2021 Gce Model Questions Vol1 Government examination.
Difficulty level: Hard .
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