Consider a publisher who earns a profit of one dollar per


Consider a publisher who earns a profit of one dollar per book sold. An advertisement that costs 340000 would sell 80,000 books directly. To make the advertisement worthwhile ow many of the original buyers must each persuade just one another person to buy the book?

Solution Preview :

Prepared by a verified Expert
Macroeconomics: Consider a publisher who earns a profit of one dollar per
Reference No:- TGS01543392

Now Priced at $20 (50% Discount)

Recommended (90%)

Rated (4.3/5)