Table 8-2 Diamond Jeweler's Is Trying to Determine How to Advertise in Advertise

question 38

Multiple Choice

Table 8-2
Diamond Jeweler's is trying to determine how to advertise in order to maximize their exposure.Their weekly advertising budget is $10,000.They are considering three possible media: tv,newspaper,and radio.Information regarding cost and exposure is given in the table below: Let T = the # of tv ads,N = the # of newspaper ads,and R = the # of radio ads
-According to Table 8-2,which of the following set of inequalities properly represent the limits on advertisements per week by media?

• A)T ≤ 10;N ≤ 7;R ≤ 20
• B)T ≥ 10;N ≥ 7;R ≥ 20
• C)T + R + N ≤ 37
• D)T + R + N ≥ 37
• E)10N + 7N + 20T ≤ 10,000

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Definitions:

Existing Partnership

An existing partnership refers to a business partnership that is currently in operation, implying a previously established legal agreement between two or more parties to conduct business together.

Dissolution

The process of officially ending the existence of a legal entity such as a corporation or partnership.

Authority of a Partner

The power granted to a partner in a partnership to act on behalf of the partnership and legally bind the business in contracts and agreements.

Not Reasonably Practicable

A legal standard indicating something cannot be done in a feasible manner under the circumstances.