1. Mr. Pangilinan, proprietor of Belle's Pizza Place, allocates Php 9,000 a month for advertising in two newspapers, the Inquirer and the Bulletin. The Inquirer charges Php 300 for a certain advertisement, whereas the Bulletin charges Php 100 for the same ad. Mr. Pangilinan has specified that the ad is to appear in at least 15 but no more than 30 editions of the Bulletin per month. The Inquirer has a daily circulation of 30, 000, and the Bulletin has a circulation of 10,000. Under these conditions, determine how many ads Mr. Pangilinan should place in each newspaper in order to reach the largest number of readers.
1. Mr. Pangilinan, proprietor of Belle's Pizza Place, allocates Php 9,000 a month for advertising in two newspapers, the Inquirer and the Bulletin. The Inquirer charges Php 300 for a certain advertisement, whereas the Bulletin charges Php 100 for the same ad. Mr. Pangilinan has specified that the ad is to appear in at least 15 but no more than 30 editions of the Bulletin per month. The Inquirer has a daily circulation of 30, 000, and the Bulletin has a circulation of 10,000. Under these conditions, determine how many ads Mr. Pangilinan should place in each newspaper in order to reach the largest number of readers.
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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