Question

For a large sporting event the broadcasters sold 51 ad slots for a total revenue of ​$136 million. What was the mean price per ad​ slot?

Answer 1

$2.67 million

Explanation:

Average price per slot is found by dividing total price by total slots:

($136 million)/(51 slots) ≈ $2.67 million/slot

The mean price per ad slot was $2.67 million.