Question $19$

$\frac{0}{5}$ points

A local dental practice decides to run a Groupon campaign. The campaign offered $$350$ worth of dental services $($such as teeth whitening$)$ for $$165.$ For the total campaign, $225$ coupons were sold. We estimate that $85\%$ of the coupons will be redeemed, that $35\%$ of the coupons will be redeemed by existing customers and that, on average, Groupon customers purchased $1\mathrm{.}5$ coupons. Let's assume that $23\%$ of new customers come back after the Groupon coupon visit. The dental practice estimates its cost of goods sold to be $60\%.$ Finally, the bill for the average Groupon customer was $$380.$ The dental practice negotiated a $50/50$ split with Groupon.

Calculate the breakeven revenue for a new Groupon customer.

Answer:$(2,532)$

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