What Is the Best Way That Sponsors Can Overcome Ad

question 7

Multiple Choice

What is the best way that sponsors can overcome ad clutter during televised sporting events?

• A)purchase both radio and television advertising spots
• B)create billboards outside the stadium or facility
• C)place logos on participants' uniforms
• D)participate in social media outlets

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Definitions:

Economic Profit

Profit that accounts for both explicit costs and opportunity costs.

Economic Profit

The financial gain made in a transaction after subtracting both the explicit and implicit costs.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Variable Costs

Costs that change in proportion to the level of output or activity in a business.