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Assume the Cedartown Standard Has 65,000 Subscribers,and the Hermitage House

question 27

Essay

Assume the Cedartown Standard has 65,000 subscribers,and the Hermitage House Restaurant buys a half-page ad for $4,000.Calculate the CPM.


Definitions:

Marginal Utility Data

Information that measures the additional satisfaction or benefit received by consuming an additional unit of a good or service.

Prices

The financial sum estimated, demanded, or provided in exchange for something.

Income

Income is the amount of money or assets that is received over a period of time, often as payment for work, from investments, or from business activities.

Total Utility Data

Information representing the total satisfaction or benefit received by consuming a specific quantity of goods or services.

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