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In March of 2016, Kaushal Cable had 200 customers who each generate a margin of $35 per month. If the company's monthly retention rate is
In March of 2016, Kaushal Cable had 200 customers who each generate a margin of $35 per month. If the company's monthly retention rate is 90% and they spend an additional $5 / month on marketing costs for retention, what will be the total net profit for April?
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To calculate the total net profit for April we need to consider the number of customers retained the ...
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Managerial Economics
Authors: Paul Keat, Philip K Young, Steve Erfle
7th edition
0133020266, 978-0133020267
