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?

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.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

answer; normative economics;