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Your company is planning to air a number of television commercials during the ABC Television Network's presentation of the academy awards. ABC is charging your company $1.6 million per 30-second spot. Additional fixed costs (development and personnel) amount to $500,000, and the network has agreed to provide a discount of for television spots. What is the cost, , of running television spots

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jayilych4real

The cost of running television spots would be $2.1m (given that the value of discount was not included)

What is Cost?

This refers to the value of money or resources that are used to purchase or produce a thing.

Hence, we can see that the information is incomplete because the discount is not given, hence, we would not factor it in and calculate the total cost with the available information.

This would be:

$1.6m + $0.5m= $2.1m

Therefore, the total cost of running television spots is $2.1m

Read more about total costs here:

https://brainly.com/question/25109150

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