Neco Model Questions Vol1 2019 Government Question 47

Practice objective / multiple choice question 47 from the 2019 Neco Model Questions Vol1 Government examination.

Neco Model Questions Vol1 2019 Government Objective / Multiple Choice Medium Difficulty
Question 47 NECO_MODEL_QUESTIONS_VOL1 • 2019 • GOVERNMENT • objective

Two pressure groups, A and B, seek to influence government policy. Group A has \(150{,}000\) members each paying \(\text{₦}200\) per year and receives a grant of \(\text{₦}5{,}000{,}000\). Group B has \(80{,}000\) members each paying \(\text{₦}500\) per year and receives a grant of \(\text{₦}2{,}000{,}000\). The influence index \(I\) of a group is defined as \(I = (\text{total annual revenue}) \times \log_{10}(\text{membership})\). Which group has the higher influence index and by how much?

Answer Options

A. Group B, difference = 20000000
B. Group A, difference = 24766595
C. Group B, difference = 30000000
Correct Answer D. Group B, difference = 24766595
Correct Answer
D
Correct Option:
Group B, difference = 24766595

About This Question

This is Neco Model Questions Vol1 2019 Government Question 47. It is one of the objective questions from the 2019 Neco Model Questions Vol1 Government examination.

Difficulty level: Medium .

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