Neco Model Questions Vol1 2023 Commerce Question 24
Practice objective / multiple choice question 24 from the 2023 Neco Model Questions Vol1 Commerce examination.
A company plans a 6‑month advertising campaign with a total budget of N \(9,600,000\). The budget is to be allocated among TV, radio and online media subject to the following conditions:\n\n- The online budget must be 30 % of the total budget.\n- The TV budget must be at least twice the radio budget.\n- The expected reach (in thousands of people) per N \(1,000\) spent is: TV = 8, radio = 5, online = 12.\n- The total expected reach must be at least 80,000 thousand people.\n\nWhat is the minimum possible TV budget (in Naira) that satisfies all the conditions?
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This is Neco Model Questions Vol1 2023 Commerce Question 24. It is one of the objective questions from the 2023 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Hard .
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