Exhibit 7.1 The Following Questions Are Based on the Problem Below

question 8

Multiple Choice

Exhibit 7.1
The following questions are based on the problem below.
A company wants to advertise on TV and radio. The company wants to produce about 6 TV ads and 12 radio ads. Each TV ad costs $20,000 and is viewed by 10 million people. Radio ads cost $10,000 and are heard by 7 million people. The company wants to reach about 140 million people, and spend about $200,000 for all the ads. The problem has been set up in the following Excel spreadsheet.
-Refer to Exhibit 7.1. What formula goes in cell B9?

• A) =SUM(B6:B8)
• B) =B6+B7-B8
• C) =B6-B7+B8
• D) =B10-B8

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Definitions:

Parking Problem

Issues or challenges related to finding available spaces to park vehicles, often due to high demand or limited supply in certain areas.

Corrective Action

Corrective action involves steps taken to rectify a problem or deviation from a set standard, aiming to prevent recurrence.

Good Business Writing

Refers to clear, concise, and purposeful writing tailored for business contexts, aimed at effectively conveying messages to stakeholders.

Payment

The action or process of paying someone or something, or the amount paid, typically in exchange for goods, services, or to fulfill a legal obligation.