question archive A pharmaceutical firm wishes to allocate P50,000 towards advertising in newspapers and magazines
A pharmaceutical firm wishes to allocate P50,000 towards advertising in newspapers and magazines
Subject:AccountingPrice: Bought3
A pharmaceutical firm wishes to allocate P50,000 towards advertising in newspapers and magazines. The intention of the firm is to maximize the exposure of its advertisements. Each page of the leading newspapers costs P500 and each page of a magazine costs P1,000. It is guaranteed that each page of the magazine will reach the audience of 250,000 while 50,000 persons will read each page of the newspaper advertisement. Furthermore, it is specified that at least one page of the magazine and newspaper will be allocated for the firm’s advertisement. Find the number of pages of magazine and newspaper advertisement that will maximize exposure and still remain within the P50,000 budget?
