CBS is selling advertising for its broadeast of the AFC championship game. The station's demand forminutes of commercial advertising time is the demand it faces from the companies to which it sellsadvertising tme: Pans= 100,000 - 500.CBS Las MC -S2000. Buyes pay CBS aprice Pens for cachminute of adNertising and add S1.000 for each ad to cover the tax they pay, so their MCans PeRs + 1000,No one has any fixed costts.Ihe price buyers will pay tor ads is (use dollar sign and any commns: no decimal places)

The price buyers will pay for ads is $ 51000

CBS is selling advertising for its broadeast of the AFC championship game. The station's demand for minutes of commercial advertisıng time is the demand it taces from the companies to which it sells advertising time: PAns = 100.000 - 50Q. CBS has MC = $2000. Buyers pay CBS a price PCBS for each minute of advertising and add $1.000 for each ad to cover the tax they pay, so their MCADS PCBS+ 1000. No one has any fixed costs. The price buyers will pay for ads is (use dollar sign and any commas: no decimal places)

CBS is selling advertising for its broadeast of the AFC championship game. The station's demand for minutes of commercial advertisıng time is the demand it taces from the companies to which it sells advertising time: PAns = 100.000 - 50Q. CBS has MC = $2000. Buyers pay CBS a price PCBS for each minute of advertising and add $1.000 for each ad to cover the tax they pay, so their MCADS PCBS+ 1000. No one has any fixed costs. The price buyers will pay for ads is (use dollar sign and any commas: no decimal places)

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter3: Demand Analysis

Section: Chapter Questions

Problem 4E

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