that your firm markets. The campaign generates 28 million impressions, with a click rate of 0.038% and a conversion rate of 1.74%. The margin of each unit of product sold is $383, and consumers typically buy only one unit of the product at a time. The website sells impressions at a cost of $2 per thousand impressions (CPM). What is the return on investment for your firm? Group of answer choices 14.8% 26.6% 79.0% 127% 149.2%
that your firm markets. The campaign generates 28 million impressions, with a click rate of 0.038% and a conversion rate of 1.74%. The margin of each unit of product sold is $383, and consumers typically buy only one unit of the product at a time. The website sells impressions at a cost of $2 per thousand impressions (CPM). What is the return on investment for your firm? Group of answer choices 14.8% 26.6% 79.0% 127% 149.2%
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter7: Proudction Costs
Section: Chapter Questions
Problem 8SQP
Related questions
Question
![You run a display ad campaign for a product
that your firm markets. The campaign generates
28 million impressions, with a click rate of
0.038% and a conversion rate of 1.74%. The
margin of each unit of product sold is $383, and
consumers typically buy only one unit of the
product at a time. The website sells impressions
at a cost of $2 per thousand impressions (CPM).
What is the return on investment for your firm?
Group of answer choices
14.8%
26.6%
79.0%
127%
149.2%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F795b65b3-9569-41e1-b307-4947aa738215%2F5f13ca15-7dbf-4141-912d-d14c8cf23eb5%2Fwe8s49_processed.jpeg&w=3840&q=75)
Transcribed Image Text:You run a display ad campaign for a product
that your firm markets. The campaign generates
28 million impressions, with a click rate of
0.038% and a conversion rate of 1.74%. The
margin of each unit of product sold is $383, and
consumers typically buy only one unit of the
product at a time. The website sells impressions
at a cost of $2 per thousand impressions (CPM).
What is the return on investment for your firm?
Group of answer choices
14.8%
26.6%
79.0%
127%
149.2%
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