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John Lund/Blend 1. You know that the Customer Acquisition Cost is the cost associated with convincing a customer to buy a good or serv the

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John Lund/Blend 1. You know that the Customer Acquisition Cost is the cost associated with convincing a customer to buy a good or serv the product, research, marketing, and accessibility costs. You also know that it equals the marketing expenses per mont 100 the number of new customers per month. points You have determined that two certain groups of customers are the largest groups of buyers. You want to know which gro 8 02:03:17 more profitable to target in terms of marketing. You check the company's big data and find that the marketing expense p targeting the first group is $30,000, while the second group requires $60,000. You estimate that this marketing campaig to attract 1,000 new customers for demographic group 1 and 1,500 for demographic group 2. A B C. 1 Marketing Expenses for Targeting Customers Number of Customers Customer Acquisition Cost 2 NaN What is the Customer Acquisition Cost for each customer in demographic group 1? O $50

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