Neco Model Questions Vol1 2023 Government Question 48
Practice objective / multiple choice question 48 from the 2023 Neco Model Questions Vol1 Government examination.
A local government council plans a waste‑management program with a fixed annual overhead of ₦5,000,000 and a variable cost of ₦100 per ton of waste collected. The program generates revenue of ₦250 per ton. The council expects to collect between 40,000 and 70,000 tons per year. To achieve a net profit of at least ₦3,000,000, what is the minimum number of tons that must be collected? (Assume the number of tons can be a whole number.)
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About This Question
This is Neco Model Questions Vol1 2023 Government Question 48. It is one of the objective questions from the 2023 Neco Model Questions Vol1 Government examination.
Difficulty level: Hard .
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