A hardware store will run an advertising campaign using radio and newspaper. Every dollar spent on radio advertising will reach 60 people in the "Under $30,000" market, and 50 people in the "Over $30,000" market. Every dollar spent on newspaper advertising will reach 90 people in the "Under $30,000" market, and 20 people in the "Over $30,000" market. If the store wants to reach at least 175,000 people in the "Under $30,000" market and 200,000 people in the "Over $30,000" market, how much should it spend on each type of advertising to minimize the cost?
Minimum amount spent on advertising (in dollars):
Dollars spent on radio advertising:
Dollars spent on newspaper advertising:
Mathbot Says...
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