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30 August, 02:42

The basketball season is about to start, and the owners of the Red Lions team want to advertise that fact in their home metropolitan area. They plan to run a full-page newspaper ad in Metro News. The readership of Metro News is 850,000 and the cost of the ad is $82,000. What is the cost per thousand (CPM) of this campaign? a. $56.22b. $30.00c. $102.08d. $0.50e. $96.47

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  1. 30 August, 02:50
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    The correct answer is E.

    Explanation:

    Giving the following information:

    They plan to run a full-page newspaper ad in Metro News. The readership of Metro News is 850,000 and the cost of the ad is $82,000.

    First, we need to calculate the cost per reader:

    CPR = 82,000/850,000 = 0.09647

    Now, we can calculate the cost per thousand:

    CPM = 0.09647*1,000 = $96.47
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