A Business Has a Market Demand of 300,000 Units at a Market

question 21

Multiple Choice

A business has a market demand of 300,000 units at a market share of 20%.The price per unit and variable cost per customer are $25 and $10,respectively.If the net marketing contribution of the business is $450,000,calculate the total marketing and sales expenses incurred by the business.

• A)$250,000
• B)$160,000
• C)$520,000
• D)$300,000
• E)$450,000

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Definitions:

Measurement Models

Frameworks or systems used to quantitatively assess, compare, and track performance or outcomes.

Measurement Ratios

Quantitative tools used to assess the relationship between different variables or financial metrics within an organization.

HR Professionals

Individuals who work in the Human Resources field, focusing on employee management and organizational policies.

Sarbanes-Oxley

A U.S. federal law established to improve corporate governance, prevent fraudulent financial practices, and protect shareholders from corporate abuses.