The Market Size for Flippers Is 100 Million Units

question 85

Multiple Choice

The market size for Flippers is 100 million units. If XYZ Ltd has a market share of 15% and the average sales price is $3 per Flippers, what is the dollar amount of sales of XYZ?

• A)$48 million
• B)$45 million
• C)$42 million
• D)$40 million

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Definitions:

Lying

The act of communicating false information to others, often with the intent to deceive or mislead.

Spot

A specific place or area.

Higher-pitched Voice

A voice tone that has a frequency higher than the average speaking tone, often perceived as sharper or thinner sounding.

Blinking

A rapid closing and opening of the eyelids, which serves as a protective reflex for the eyes.