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AysviL [449]
3 years ago
7

A hardware store will run an advertising campaign using radio and newspaper. every dollar spent on radio advertising will reach

60 people in the "under $30,000" market, and 40 people in the "over $30,000" market. every dollar spent on newspaper advertising will reach 80 people in the "under $30,000" market, and 20 people in the "over $30,000" market. if the store wants to reach at least 102,000 people in the "under $30,000" market and 120,000 people in the "over $30,000" market, how much should it spend on each type of advertising to minimize the cost?
Business
1 answer:
Sindrei [870]3 years ago
6 0
The answer would be 900k I thinkg
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Answer: See explanation

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c. Bad news, refusals: This scenario involves a negative messages and should therefore be written in an indirect manner. It should also be noted that a supporting message us given before the main message us written.

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3 years ago
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3 years ago
Compared to the perfectly competitive firm, the monopolist faces a demand curve that is ___________________ elastic because ther
poizon [28]

fewer; less

Compared to the perfectly competitive firm, the monopolist faces a demand curve that is less elastic because there are fewer substitutes for the product produced by the monopolist.

<h3>What is the demand curve faced by a perfectly competitive firm and a monopolistic?</h3>

A firm's demand curve is perfectly elastic under perfect competition because it can sell any quantity of commodities at the going rate. Therefore, even a slight price rise will result in no demand. This suggests that the company has no influence over price. Large businesses, on the other hand, that are subject to monopolistic competition, deal with differentiated products based on brand. As a result, the demand curve has a decreasing slope and enjoys monopoly power. Only by lowering the price of the product and selling close substitutes will it be able to sell more goods. As a result, under perfect competition, the demand curve facing a firm is perfectly elastic, while under monopolistic competition, it is less elastic.

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5 0
2 years ago
The Hype Company's currently outstanding bonds have a 10 percent coupon and a 11 percent yield to maturity. Hype believes it cou
zavuch27 [327]

Answer:

After tax cost of debt is 6.82%

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This confirms that cost of debt is usually lower than cost of equity , where shareholders would want an extra premium to compensate them for the increased risk taken by investing in the business.

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3 years ago
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