Neco Model Questions Vol1 2020 Commerce Question 14
Practice objective / multiple choice question 14 from the 2020 Neco Model Questions Vol1 Commerce examination.
A logistics firm has a fixed daily operating cost of \(₦250,000\) and a variable cost of \(₦90\) per ton‑kilometre. It must transport goods over a distance of 180 km. To stay competitive, the firm wants the total cost per ton (including the allocation of the fixed cost) not to exceed \(₦25,000\). What is the minimum load in tons the firm must transport to meet this target? Give your answer to two decimal places.
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About This Question
This is Neco Model Questions Vol1 2020 Commerce Question 14. It is one of the objective questions from the 2020 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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