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A marketing campaign will send brochures describing an expensive product to a set of customers. The cost for mailing and production per customer is $50. The company makes $500 revenue for each sale.
What is the profit matrix for a typical person in the population?
Suggested Answer: C
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14 comments · newest first
SH
Shaun
12 months ago
But what about the other costs not mentioned?
BE
Beata
12 months ago
Totally makes sense, great margins!
DO
Dottie
1 year ago
Wait, are they really going to sell that many?
GE
German
1 year ago
So, that's a $450 profit per sale!
OL
Ollie
1 year ago
The cost per customer is $50, and revenue is $500.
CA
Carman
1 year ago
I think we might have gone over a similar scenario where we had to analyze customer acquisition costs. I hope I remember the formula correctly!
IZ
Izetta
1 year ago
This seems similar to a practice question we did about cost versus revenue. I think the profit would be revenue minus costs, but I can't recall the exact numbers.
TY
Tyra
1 year ago
I remember we discussed profit margins in class, but I'm not sure how to calculate the profit matrix here.
DA
Daren
1 year ago
I feel like I should know this! If the cost is $50 and the revenue is $500, the profit should be straightforward, right?
YV
Yvonne
1 year ago
This one seems pretty straightforward. I'm pretty confident the answer is A - it's a menu where you pay for each item individually rather than a fixed price for the whole meal.
DE
Derick
1 year ago
The key here is to keep the Fallback function short and within the gas stipend of 2300 gas. So I'll probably go with option B, since it mentions that it's better to keep the function short.
KA
Kallie
1 year ago
I'm leaning towards option E, because it seems like several factors must be satisfied for the consent to be considered valid. That makes sense, right?
DE
Delsie
1 year ago
I'm a bit confused by the wording of this question. I'll need to re-read it a few times to make sure I understand what it's asking.
SH
Shelba
1 year ago
Hmm, I'm not too familiar with the Meraki API, so I'm a bit unsure here. I'll have to think through the different HTTP methods and what they're typically used for.