Which of the Following Media Types Accounted for Less Than

question 181

Multiple Choice

Which of the following media types accounted for less than 5 percent of total ad spending in 2010?

• A) Outdoor and cinema
• B) Magazines
• C) Television
• D) Radio
• E) Newspaper

---

Definitions:

Marginal Cost

The price of creating one more unit of a particular product or service.

Marginal Revenue

The additional income generated from selling one more unit of a product or service, crucial for decision-making in production and pricing strategies.

ΔTR/Δq

Represents the change in total revenue divided by the change in quantity sold, indicating marginal revenue.

TR/q

Represents Total Revenue divided by quantity, a formula used to calculate average revenue per unit sold.