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Economics

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

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91271872

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