Ads in the Boring Business Magazine Are Read by 300

question 20

Multiple Choice

ads in the boring business magazine are read by 300 lawyers and 1,000 M.B.A.s.Ads in the consumer publication are read by 250 lawyers and 300 M.B.A.s.If Harry had $3,250 to spend on advertising, if the price of ads in the boring business magazine were $500, and if the price of ads in the consumer magazine were $250, then the combinations of recent M.B.A.s and lawyers with hot tubs whom he could reach with his advertising budget would be represented by the integer values along a line segment that runs between the two points

• A)(3, 900, 0)and (0, 7, 800).
• B)(3, 250, 3, 900)and (1, 950, 6, 500).
• C)(0, 3, 900)and (1, 950, 0).
• D)(3, 900, 4, 550)and (1, 950, 7, 800).
• E)(2, 600, 0)and (0, 6, 500).

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Definitions:

Treasury Shares

Shares that were once part of the float and outstanding shares but were subsequently bought back by the issuing company, reducing the amount of stock on the open market.

Common Stock

Equity ownership in a corporation, with privileges that may include voting rights and a share in profits through dividends and capital appreciation.

Par Value

The nominal or face value of a bond, share, or other financial instrument, as stated by the issuer.

Treasury Stock

Shares of a company's own stock that it has reacquired and holds in its treasury.