The Market Size for Loppins Is 50 Million Units

question 99

Multiple Choice

The market size for Loppins is 50 million units. If SPI Ltd has a market share of 30% and the average sales price is $4 per Loppin, what is the dollar amount of sales of SPI?

• A)$62 million
• B)$58 million
• C)$52 million
• D)$60 million

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