Question

A company pays $3.91 million to air a 30- second commercial during a football game that is watched by approximately 115 million potential customers. Calculate the cost per second and the cost per customer for this commercial.

Answer 1

Answer:

Part 1) The cost per second is $\ 130,333.33$

Part 2) The cost per customer is $\ 0.034$

Step-by-step explanation:

Part 1) Calculate the cost per second

we know that

To find out the cost per second, divide the total cost by the time

Let

x ----> the total cost

y ----> the time in seconds

we have

$x=\ 3,910,000$

$y=30\ sec$

$\frac{\ 3,910,000}{30}=\ 130,333.33$

therefore

The cost per second is $\ 130,333.33$

Part 2) Calculate the cost per customer

we know that

To find out the cost per customer, divide the total cost by the number of customers

Let

x ----> the total cost

y ----> the number of customers

we have

$x=\ 3,910,000$

$y=115,000,000\ customers$

$\frac{\ 3,910,000}{115,000,000}=\ 0.034$

therefore

The cost per customer is $\ 0.034$