Calculate the Volume(units)if a Firm Has a Gross Profit of $60

question 30

Multiple Choice

Calculate the volume(units) if a firm has a gross profit of $60 million and a margin price of $300 per unit.

• A)180,000 units
• B)18,000 units
• C)200,000 units
• D)30,000 units
• E)16,000 units

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Definitions:

Marketing Activities

Efforts and strategies employed by companies to promote, sell, and distribute their products or services.

Supply Chain Management

The management of the flow of goods and services, including all processes that transform raw materials into final products, logistics, and the information systems that coordinate these activities.

Distribution Center Marketing

Techniques and strategies used to promote and manage the logistics and distribution of goods from manufacturers to retailers or consumers, focusing on efficiency and cost-effectiveness.

Wholesaling

The activity of selling goods in large quantities at lower prices to retailers or other businesses, rather than selling them to final consumers.