Question

The effectiveness of an ads placement is often judged by its cost per thousand (CPM), or the cost of reaching 1,000 audience members. For example, an ad that costs $20,000 to place in a major newspaper that is read by 1 million people has a CPM of

a. $2.00.

b. $20.00.

c. $200.00.

d. $1,000.00.

Answer

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