THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 131

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Sales at a local wholesaler consist of both retail as well as online sales.During the course of a month,retail sales have a mean of $96,780 with a standard deviation of $12,520.Over the same time period,online sales average $229,620 with a standard deviation of $23,100.Assume that the retail sales are independent of online sales.
-What is the mean of the wholesaler's monthly sales?

• A)$326,400
• B)$135,620
• C)$132,840
• D)$163,200

---

Definitions:

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price within a specified time period.

Coca-Cola

A multinational beverage corporation known for its flagship product, a carbonated soft drink.

Pepsi

A carbonated soft drink produced and manufactured by PepsiCo, serving as a major competitor in the global beverage market.

Market Demand Curve

A graphical representation that shows the relationship between the price of a good and the total quantity demanded by all consumers in the market.