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A new york city daily newspaper called "manhattan today" charges an annual subscription fee of $108. customers prepay their subscriptions and receive 270 issues over the year. to attract more subscrib
A new york city daily newspaper called "manhattan today" charges an annual subscription fee of $108. customers prepay their subscriptions and receive 270 issues over the year. to attract more subscribers, the company offered new subscribers the ability to pay $110 for an annual subscription that also would include a coupon to receive a 40% discount on a one-hour ride through central park in a horse-drawn carriage. the list price of a carriage ride is $100 per hour. the company estimates that approximately 30% of the coupons will be redeemed
