Question: please use question 1s information to answer 4 and 5 Refer to the following information to answer Questions 1-5: The Sea Wharf Restaurant would like
please use question 1s information to answer 4 and 5
Refer to the following information to answer Questions 1-5: The Sea Wharf Restaurant would like to determine the best way to allocate a monthly advertising budget of $1,000 between newspaper advertising and radio advertising. Management decided that at least 25% of the budget must be spent on each type of media and that the amount of money spent on local newspaper advertising must be at least twice the amount spent on radio advertising. A marketing consultant developed an index that measures audience exposure per dollar of advertising on a scale from 0 to 100. with higher values implying greater audience exposure. Given the value of the index for local newspaper advertising is 50 and the value of the index for spot radio advertising is 80, the restaurant wants to allocate its advertising budget to maximize the value of total audience exposure. Q1. What is the optimal dollar value of newspaper advertising? 333.33 443.33 555.67 666.67 What is the shadow price of the $1,000 monthly budget" constraint? 010 00 30 60 D Question 5 0. What is the range of optimality of radio advertising? 0 0 3 radio advertising S 60 O 30 S radio advertising

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