Neco Model Questions Vol1 2017 Geography Question 6
Practice objective / multiple choice question 6 from the 2017 Neco Model Questions Vol1 Geography examination.
A proposed road reduces travel distance from \(45\) km to \(30\) km and increases average speed from \(40\) km/h to \(60\) km/h. Before construction, \(12{,}000\) vehicles used the original route each day. After construction, the total daily vehicle‑hours saved is \(1{,}800\). The value of time is \(\text{₦}1{,}500\) per hour and the construction cost is \(\text{₦}180\) million, amortised over \(10\) years. Is the project economically justified? Answer "Yes" if the net annual benefit is positive, otherwise answer "No".
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About This Question
This is Neco Model Questions Vol1 2017 Geography Question 6. It is one of the objective questions from the 2017 Neco Model Questions Vol1 Geography examination.
Difficulty level: Hard .
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