If a manager spends $3000 in Internet advertising that brings in 25 prospects before 2 leases were signed and spends $1000 on print advertising that brings in 10 prospects before 1 lease was signed, which method was more cost effective?

Question

Warren Summers

Business

6 February, 14:33

If a manager spends $3000 in Internet advertising that brings in 25 prospects before 2 leases were signed and spends $1000 on print advertising that brings in 10 prospects before 1 lease was signed, which method was more cost effective?

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Answers (1)

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Andrade · Answer 1

The correct option is spends $1000 on print advertising that brings in 10 prospects before 1 lease was signed, is more cost effective

Explanation:

Spend $1000 on print advertising that brings in 10 prospects before 1 lease was signed is more cost effective because a lesser amount was spent to get 1 lease signed, following this approach, $2000 will get 2 leases signed which is more cost effective than spending $3000 to get 2 leases signed.