Neco 2024 Geography Question 48

An industrial firm is choosing between two possible sites for a new plant. - Raw iron ore is transported from a mine located 120 km east of Site A and 80 km west of Site B. Transport cost is \(\text{₦}0.15\) per ton‑km. The plant requires 3000 tons of ore per year. - The finished product (5000 tons per year) must be shipped to a market located 200 km east of Site A and 150 km east of Site B, at the same transport rate. - The plant will employ 120 workers. Labor cost per worker is the same at both sites except that at Site B it is higher by \(\text{₦}200{,}000\) per worker per year. - Site B offers a tax incentive of \(\text{₦}1{,}200{,}000\) per year. - Fixed annual operating cost (excluding transport, labor, tax) is \(\text{₦}5{,}000{,}000\) at both sites. Determine which site yields the lower total annual cost. State your answer as "A" or "B".