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Assoli18 [71]
3 years ago
15

Golf Guide sells imprinted clothing and accessories for golfers through a catalog. To find new customers, Golf Guide sends a sma

ll catalog to names selected from mailing lists. The company mails out catalogs at a cost of $3,100 per thousand pieces mailed, and can expect a response rate of 6%. All responders become customers. Calculate the cost per customer acquired implied by these numbers. Round to the nearest penny.
Business
1 answer:
kherson [118]3 years ago
7 0

Answer:

Cost per customer acquired = $51.67

Explanation:

Customer acquired per thousand pieces mailed = 1000*6% = 60

Total cost per thousand pieces mailed A    $3,100

Divide by Customers acquired  B                <u>   60     </u>

Cost per customer acquired A/B                <u>  $51.67</u>

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The answer is 40%, in which the following are given: the Variable expense is equal to 20 dollars per unit and Sales is equal to 50 dollars per unit. Use the formula Variable Expense Ratio = Variable Expenses / Sales to get the answer. 

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The variable expense ratio is an expression of variable production costs of the company as a percentage of sales, calculated as variable expense divided by total sales. It compares a cost that alters with levels of production to the number of revenues generated by production.
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Putting together two or more parcels of land to make a large piece is called:________.
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Answer:

Assemblage.

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Long-term bonds are investments that span a maturity term of at least 10 years and up to 30 years.

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If an externality is present resulting in market failure then
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<span>Then the private benefit from consumption will will not be the same as the social benefit from consumption.</span>

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