Waec Model Questions Vol1 2021 Geography Question 43

A government is planning a new cement factory and has identified three possible sites. The data for each site are:\n\nSite X: distance to limestone quarry = 30 km, land price = ₦150,000 per hectare, land required = 20 ha.\nSite Y: distance to limestone quarry = 70 km, land price = ₦120,000 per hectare, land required = 25 ha.\nSite Z: distance to limestone quarry = 45 km, land price = ₦180,000 per hectare, land required = 22 ha.\n\nCapital cost for a site is calculated as:\nLand cost = land price × land required.\nInfrastructure cost = distance × ₦200,000.\nTotal capital cost = Land cost + Infrastructure cost.\nIf the site is within 50 km of the quarry, the government offers a subsidy equal to 5% of the total capital cost.\nDetermine the net capital cost (after any subsidy) of the most economical site.