Neco 2017 Commerce Question 24

Practice objective / multiple choice question 24 from the 2017 Neco Commerce examination.

Neco 2017 Commerce Objective / Multiple Choice Hard Difficulty
Question 24 NECO • 2017 • COMMERCE • objective

An advertiser can purchase any integer number of TV spots and radio spots for a campaign. Each TV spot costs ₦150,000 and yields 20 GRPs. Each radio spot costs ₦45,000 and yields 8 GRPs. The target is to achieve at least 150 GRPs at minimum total cost. Determine the numbers of TV and radio spots that meet the target at the lowest possible cost, and state the total cost.

Answer Options

A. 8 TV spots, 0 radio spots; total cost ₦1,200,000
B. 1 TV spots, 17 radio spots; total cost ₦915,000
C. 5 TV spots, 7 radio spots; total cost ₦1,065,000
Correct Answer D. 0 TV spots, 19 radio spots; total cost ₦855,000
Correct Answer
D
Correct Option:
0 TV spots, 19 radio spots; total cost ₦855,000

About This Question

This is Neco 2017 Commerce Question 24. It is one of the objective questions from the 2017 Neco Commerce examination.

Difficulty level: Hard .

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