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A local restaurant has an advertising budget of $10,000

Economics

A local restaurant has an advertising budget of $10,000. The restaurant can purchase TV ads from a local station (x) or send mailers to local mailboxes (Y). The price for a TV ad is PX= $1,000. The price to send ads through the mail is PY= $500 per campaign. Suppose the local tv station is running a special where if an advertiser buys 5 TV ads, the sixth ad is free (limit one free ad). On the graph below, how much is C? Y A B B BL C D E X 10 6 OOOO 5 11

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