Neco Model Questions Vol1 2024 Geography Question 6

A region has \(500\) workers available for employment. Three possible industries could be established, each with the following data per unit of product: - Industry A: selling price ₦\(1500\), raw material cost ₦\(600\), transport cost ₦\(100\), labour requirement \(2\) workers per unit. - Industry B: selling price ₦\(1800\), raw material cost ₦\(800\), transport cost ₦\(150\), labour requirement \(1.5\) workers per unit. - Industry C: selling price ₦\(2100\), raw material cost ₦\(1200\), transport cost ₦\(80\), labour requirement \(2.5\) workers per unit. Assuming the region can allocate all its workers to only one industry, which industry will generate the greatest total monthly profit? Show your calculations.