What is the breakeven response rate for the test


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Your current format yields a 10% response rate at a promotional cost of $1.25 per piece in the mail. The profit prior to promotional cost per order is $25.

There is a new format to test at $2.00 per piece.

o What is the Breakeven Response Rate for the Test?
o What is the Breakeven Response Rate for the Control?
o What response do you need to breakeven with the new format?

The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.

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