The company can allocate its $1,000 budget between radio and TV advertisements, with radio costing $5 per minute. This means it can purchase up to 200 minutes of radio time if it spends the entire budget on radio. For TV advertisements, the cost per minute must be specified to determine how many minutes can be purchased. A balanced approach would involve calculating the optimal mix of radio and TV minutes to maximize reach within the budget.
Copyright © 2026 eLLeNow.com All Rights Reserved.