If a Business Produces 400,000 Units and the Market Demand

question 26

Multiple Choice

If a business produces 400,000 units and the market demand for the product is 2 million units,what is its percentage of market share?

• A)8%
• B)20%
• C)16%
• D)40%
• E)80%

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Definitions:

Scotiabank

A Canadian multinational banking and financial services company, one of the largest in Canada in terms of deposits and market capitalization.

Annual Rate

The interest rate for a period of one year, often used for comparing the annual interest of financial products.

Discount Rate

The interest rate charged by central banks on loans to commercial banks or the rate used in discounted cash flow analysis to determine present value.

Simple Interest

Interest determined strictly on the base amount, or on the unpaid segment of that base amount.