The Market Size for Loppins Is 40 Million Units

question 103

Multiple Choice

The market size for Loppins is 40 million units.If SPI Inc.has a market share of 40% and the average sales price is $3 per Loppin,what is the dollar amount of sales of SPI?

• A)$32 million
• B)$48 million
• C)$58 million
• D)$62 million
• E)$66 million

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