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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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Vera_Pavlovna [14]

Answer:

The answer would be PRICE SIGNALING

Explanation:

Price signaling may occur when consumers have  imperfect information about product quality. To infer quality, consumers may rely on previous experience or may use some of the product’s observable characteristics, such as  the product’s price. We examine the scenario whereby the firm can endogenously change  consumers’ beliefs about the product’s quality by altering both the price and quality of its product. Our main findings are that, in this type of setting, price signaling causes  the firm to raise its price, lower its quality, and dampen the degree to which it responds to cost shocks. If the cost of adjusting quality is sufficiently high, the dampening effect  is pronounced in the downward direction, meaning that price signaling  causes prices to  respond less to cost decreases than cost increases.

8 0
3 years ago
The depreciation deduction for year 11 of an asset with a 20-year useful life is $4,000. If the salvage value of the asset was e
PtichkaEL [24]

Answer:

The answer is $80,000

Explanation:

The formula for straight-line depreciation is:

[Cost of asset - salvage value(if any)] ÷ useful life of the asset

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Useful life of the asset = 20 years

$4,000 = y ÷ 20 years

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7 0
3 years ago
TIMED QUIZ PLS HELP!!! 10 POINTS
madam [21]

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Explanation:

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3 years ago
Please help :( Marking brainliest!!
Dmitry [639]
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The following table contains statements that provide some analysis of policies that address smoking, lung cancer, and cigarette
liubo4ka [24]

Answer:

Positive Statements: 1st & 2nd ; Normative Statements: 3rd & 4th

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So , these two are Positive Statements.

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So , these two are Normative Statements

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3 years ago
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