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Consider a publisher who earns a profit of $1 per book sold. An advertisement that costs $340,000 would sell 80,000 books directly. To make the

Consider a publisher who earns a profit of $1 per book sold. An advertisement that costs $340,000 would sell 80,000 books directly.

To make the advertisement worthwhile, how many of the original buyers must each persuade just one other person to buy the book?


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