economics
Word-of-Mouth Book Sales. Consider a publisher who earns a profit of
$1
per book sold. An advertisement that costs
$380 comma 000
would sell
120 comma 000
To make the advertisement worthwhile, how many of the original buyers must each persuade just one other person to buy the book?
[removed]nothing
(Enter your response as an integer.)
9 years ago
3
Answer(1)![blurred-text]()
![]()
Purchase the answer to view it

NOT RATED
- economics.docx
Bids(1)
other Questions(10)