What is the advertising cost per potential customer

Assignment Help Business Economics
Reference no: EM13732506

Suppose the cost of producing a 30 second commercial for television is $100,000. If airtime on the evening news costs $200,000 and is viewed by 5 million people, what is the advertising cost per potential customer?

A. $.04 per potential customer, or $4.00 per 1000 customers

B. $.02 per potential customer, or $2.00 per 1000 customers

C. None of the above

D. $.06 per potential customer, or $6.00 per 100 customers

E. $.03 per potential customer, or $3.00 per 1000 customers

Reference no: EM13732506

Questions Cloud

Evaluate how a company brand identity promotes : Evaluate how a company's brand identity promotes customer loyalty and retention in terms of customer service, competitive price, communication, special treatment, and loyalty and rewards programs
Analysis of organisations strategic intent posture : Briefly describe the company you selected, its products and services, market and niche and conduct a thorough and well-argued analysis of your selected organisation's strategic intent posture that provides evidence that the organisation either has,..
Why is it that the middle ages are also called the dark ages : Five page essay on "giving details about the importance of Charlemagne to the Middle Ages". Why is it that the middle Ages are also called the Dark Ages?
What type of consumer would purchase frozen organic food : What type of consumer would purchase a frozen organic food meal and Is there a demand for an organic frozen food product line in the consumer marketplace
What is the advertising cost per potential customer : Suppose the cost of producing a 30 second commercial for television is $100,000. If airtime on the evening news costs $200,000 and is viewed by 5 million people, what is the advertising cost per potential customer?
What is your opinion of the soviets that cut off your city : What is your opinion of the Soviets that cut off your city. What are your feelings about the United States. Do you fear another world war.
Describes economies of scope : Which of the following best describes economies of scope?
How did the great war impact western culture : How did the Great War impact Western culture and its creative pursuits? Choose at least one example of artwork, cinema, literature, or music from your reading that was influenced by the circumstances.
Selling executives on project management : Case titled "Selling Executives on Project Management." Write a one to two (1-2) page paper in which you:

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd