Neco 2025 Economics Question 35
Practice objective / multiple choice question 35 from the 2025 Neco Economics examination.
A firm must transport \(500\) tonnes of goods from City A to City B. Two transport modes are available:\n\n- **Rail**: fixed cost per trip \(\text{₦}50,000\), capacity \(100\) tonnes per trip, variable cost \(\text{₦}200\) per tonne.\n- **Road**: fixed cost per trip \(\text{₦}30,000\), capacity \(50\) tonnes per trip, variable cost \(\text{₦}350\) per tonne.\n\nContractual and operational constraints: at least \(2\) rail trips must be made and no more than \(4\) road trips can be used. Determine the combination of rail and road trips that satisfies the 500‑tonne requirement at the minimum total cost, and state that minimum cost (in naira).
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About This Question
This is Neco 2025 Economics Question 35. It is one of the objective questions from the 2025 Neco Economics examination.
Difficulty level: Hard .
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