Waec Model Questions Vol1 2017 Commerce Question 43
Practice objective / multiple choice question 43 from the 2017 Waec Model Questions Vol1 Commerce examination.
A firm wants to run an advertising campaign that must achieve a total of 250 gross rating points (GRPs). Two media options are available: - Media A: cost per GRP = ₦10,000. The first 100 GRPs on Media A are discounted to 85% of the standard rate. - Media B: cost per GRP = ₦12,000. The first 150 GRPs on Media B are discounted to 90% of the standard rate. The firm can allocate any integer number of GRPs to each medium as long as the total equals 250. Determine the allocation of GRPs to Media A and Media B that minimises the total advertising cost, and state that minimum cost.
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About This Question
This is Waec Model Questions Vol1 2017 Commerce Question 43. It is one of the objective questions from the 2017 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Hard .
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