Assume the government imposes a $3 tax on buyers, which results in a shift of the demand curve from D1 to D2. The price the sell
1 answer:
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Answer:
Bob must use $4,000 newspaper ads in two numbers
Explanation:
As given in the question -
Total number of people affected by $5,000 TV ad
Total number of people affected by two $5,000 TV ad
Total number of people affected by $5,000 TV ad
Total number of people affected by two $5,000 TV ad
Hence, more number of people are affected by two news paper adds of $4,000
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
