A hardware store will run an advertising campaign using radio and newspaper. Every dollar spent on radio advertising will reach 80 people in the "Under $40,000" market, and 30 people in the "Over $40,000" market. Every dollar spent on newspaper advertising will reach 90 people in the "Under $40,000" market, and 20 people in the "Over $40,000" market. If the store wants to reach at least 164,000 people in the "Under $40,000" market and 180,000 people in the "Over $40,000" market, how much should it spend on each type of advertising to minimize the cost?
A hardware store will run an advertising campaign using radio and newspaper. Every dollar spent on radio advertising will reach 80 people in the "Under $40,000" market, and 30 people in the "Over $40,000" market. Every dollar spent on newspaper advertising will reach 90 people in the "Under $40,000" market, and 20 people in the "Over $40,000" market. If the store wants to reach at least 164,000 people in the "Under $40,000" market and 180,000 people in the "Over $40,000" market, how much should it spend on each type of advertising to minimize the cost?
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A hardware store will run an advertising campaign using radio and newspaper. Every dollar spent on radio advertising will reach 80 people in the "Under $40,000" market, and 30 people in the "Over $40,000" market. Every dollar spent on newspaper advertising will reach 90 people in the "Under $40,000" market, and 20 people in the "Over $40,000" market. If the store wants to reach at least 164,000 people in the "Under $40,000" market and 180,000 people in the "Over $40,000" market, how much should it spend on each type of advertising to minimize the cost?
Transcribed Image Text:Minimum amount spent on advertising (in dollars):
Dollars spent on radio advertising:
Dollars spent on newspaper advertising:
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