(4 points) A hardware store will run an advertising campaign using radio and newspaper. Every...
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(4 points) A hardware store will run an advertising campaign using radio and newspaper. Every dollar spent on radio advertising will reach 80 people in the "Under $40,000" market, and 60 people in the "Over $40,000' market. Every dollar spent on newspaper advertising will reach 100 people in the "Under $40,000" market, and 40 people in the "Over $40,000" market. If the store wants to reach at least 218,000 people in the "Under $40,000" market and 240,000 people in the "Over $40,000" market, how much should it spend on each type of advertising to minimize the cost? Minimum amount spent on advertising (in dollars): Dollars spent on radio advertising: Dollars spentoon newspaper advertising
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