Question: Stu's Mellow Meter Miser ( MMM ) has recently experienced a sales decline due to the entry of a lower - priced competitor, Kelly's Calorie
Stu's Mellow Meter Miser MMM has recently experienced a sales decline due to the entry of a lowerpriced competitor, Kelly's Calorie Counter KCC Stu is convinced that an advertising campaign touting the superior design and year warranty will help recover share. He placed advertisements in the New York Times and Wall Street Journal newspapers. NYT claims a singleissue audience of while WSJ claims that one issue will reach NYTs audience is college professors and only business people. WSJ shows Stu research that business people are of their readership, are farmers, and are college professors. NYT charges $ per quarter page ad while WSJ charges $
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