Mighty Meals came up with a promotion that gives customers 4 weeks free if they commit to 12 weeks of meals.  Research shows that the average customer will stay with Mighty Meals for a 26 week period (this includes the original 12 weeks).   If they charge $80 per week and have variable costs of $36.99 per week .  What is the CLV of a customer who signs up for this promotion?

Answer rating: 100% (QA)

To calculate the Customer Lifetime Value CLV we can use the following formula CLV R... View the full answer