Assume That a Radio Station Has an Average Quarter-Hour Listenership

question 95

Short Answer

Assume that a radio station has an average quarter-hour listenership of 4,200 and the total listening audience in that area is 51 ,000.A retailer of coins and stamps buys 15 spots.Calculate gross impressions.

---

Definitions:

Economic Profit

The financial gain that exceeds both the total opportunity costs of production and the accounting costs, reflecting the additional value created from business activities.

Accounting Profit

The profit a company has after deducting all its expenses from its total revenue.

Verizon Wireless

A major American telecommunications company known for providing wireless products and services.

Implicit Cost

The opportunity cost incurred by using assets, resources, or funds for a specific purpose rather than the next best alternative.