Local music fans prefer listening to the radio rather than watching TV. If the Cost Per Thousand Reached (CPM) for a particular station is $15, how much should you spend on advertising with the station if you want to reach 1.5 million people?

Respuesta :

Answer:

B: 22,500

Explanation:

Based on the cost per thousand for the particular station, the amount you should spend on advertising to reach 1.5 million people is $22,500.

How much should you spend to reach 1.5 million people?

This can be found as:

= Cost per thousand reached x Number of people to be reached / 1,000

Solving gives:

= 15 x 1,500,000 / 1,000

= 15 x 1,500

= $22,500

In conclusion, $22,500 should be spent.

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