Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Mark places one - page, 4 - color advertisements for a new kind of projector in 2 magazines: Adventures & Cautionary Tales ( ACT )

Mark places one-page, 4-color advertisements for a new kind of projector in 2 magazines: Adventures & Cautionary Tales (ACT), which reaches 44,000 people, and Horrors of the Silver Screen (HSS), which delivers a readership of 54,000 per issue. He estimates that 12% of the readers of Horrors of the Silver Screen also read Adventures & Cautionary Tales.
If HSS charges $1,000 per ad, what price per ad would Mark have to negotiate with ACT to provide the same CPM as HSS?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these General Management questions