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Refer to the data in Exercise 6-16. Assume Minneapolis's sales by major market are: The company is planning a $5,000 advertising campaign next month in

image text in transcribed Refer to the data in Exercise 6-16. Assume Minneapolis's sales by major market are: The company is planning a \$5,000 advertising campaign next month in either the Medical or Dental market. Marketing studies indicate this campaign would increase Medical market sales by $40,000 or Dental market sales by $35,000. Required: Page 28 1. How much would the company's profits increase (decrease) if it advertised in the Medical market? 2. How much would the company's profits increase (decrease) if it advertised in the Dental market? 3. Should the company advertise in the Medical or Dental market? 4. In Exercise 6-16, Minneapolis shows $48,000 in traceable fixed expenses. What happened to the $48,000 in this exercise

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