Question: help me to solve 1) There are multiple options for advertising in the PROSIM module. Advertising is an expense that helps increase revenues. Much like

help me to solve

help me to solve 1) There are multiple options for advertising in

1) There are multiple options for advertising in the PROSIM module. Advertising is an expense that helps increase revenues. Much like other expenses, it is very important to keep advertising costs at an acceptable level (5-7%, as you have learned). a) Calculate the cost per view, per business person for each of the following advertising options from your PROSIM module: Entertainment Week, News Radio and BNN News. [3 Marks) b) If you expected next week's revenue to be $58,370 what would your advertising budget be? Which of the three options from part A would you choose as your advertising medium? (4 Marks) 2) Suppose you have the following 4 items on your menu: ITEM FOOD COST (:5) $0 15 $18.75 $16.00 Wood Oven Pizza $3.75 Using the information you've learned from class and from the pricing module, calculate an appropriate selling price for each of the items listed above. (8 Marks)

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