Neco Model Questions Vol1 2017 Commerce Question 31
Practice objective / multiple choice question 31 from the 2017 Neco Model Questions Vol1 Commerce examination.
A company advertises using TV and radio. TV costs \(\text{₦}150,000\) per month and reaches 200,000 people; radio costs \(\text{₦}80,000\) per month and reaches 120,000 people. The firm must allocate at least 30% of its total advertising budget to TV and wants to reach at least 500,000 people with the minimum possible total monthly budget. What is the minimum total advertising budget (in naira) required?
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About This Question
This is Neco Model Questions Vol1 2017 Commerce Question 31. It is one of the objective questions from the 2017 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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