Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

7. Which newspaper is the best buy based on cost per thousand to advertise? Chapter 19 - Advertising Rates Two newspapers, the Justin Times and

7. Which newspaper is the best buy based on cost per thousand to advertise?

image text in transcribed

Chapter 19 - Advertising Rates Two newspapers, the Justin Times and The Cowtown News, are soliciting your advertising dollars. You have two different target markets, but you are not sure which newspaper is the best buy for your retail store. Based on the information provided, answer the following questions. Please place your final answers in the chart. Do include your work showing how you calculated the answers. The Cowtown News 30,000 $7,500 52% 38% Justin Times Circulation 5,000 Full page ad cost $1,000 Percent that is Target Market 1 40% Percent that is Target Market 2 33% ANSWERS Cost per 1,000 Cost per 1,000 Target Market 1 Cost per 1,000 Target Market 2 Which newspaper is best buy? Enter "Best Buy on your choice. Best for cost per 1,000 Best for Target Market 1 Best for Target Market 2

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Investment The Study Of An Economic Aggregate

Authors: Philip J. Lund

1st Edition

0444851380,1483256901

More Books

Students also viewed these Finance questions

Question

7. Discuss the main classifications of non-verbal communication.

Answered: 1 week ago