You spend $50 on 10,000 impressions. What is the Cost per mille (CPM)?
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Correct answer: $5 CPM.
Why this is the answer
Cost per mille (CPM) is calculated by dividing the total spend by the number of impressions and then multiplying by 1,000. In this case, $50 divided by 10,000 impressions equals $0.005 per impression, and multiplying by 1,000 results in a CPM of $5, making $5 CPM the correct answer.
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