Neco Model Questions Vol1 2023 Geography Question 30
Practice objective / multiple choice question 30 from the 2023 Neco Model Questions Vol1 Geography examination.
A textile factory employs 800 workers. It uses 10 000 units of raw material per year, each unit requiring 0.5 kWh of electricity. The profit earned per unit sold, after covering all costs except wages, transport and electricity, is ₦50. The factory can locate either in Region A or Region B with the following data:\n\n- Region A: daily wage = ₦120, transport cost per unit = ₦5, annual electricity cost = ₦200 000.\n- Region B: daily wage = ₦100, transport cost per unit = ₦8, annual electricity cost = ₦150 000.\n\nAssuming 365 working days per year, which region gives the higher annual net profit (or lower loss), and what is the difference in profit between the two regions in naira? State the region and the profit difference as an integer.
Answer Options
About This Question
This is Neco Model Questions Vol1 2023 Geography Question 30. It is one of the objective questions from the 2023 Neco Model Questions Vol1 Geography examination.
Difficulty level: Hard .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.