In 2012, Truman Products Sold 900,000 Units at $9 Each

question 33

Multiple Choice

In 2012, Truman Products sold 900,000 units at $9 each. Sales volume is expected to increase by 10 percent in 2013 while the price of each unit is expected to decrease by 15 percent. The expected sales revenue for 2013 is:

• A) $8,761,500
• B) $1,336,500
• C) $7,573,500
• D) $6,885,000

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Definitions:

Constructed Structure

Man-made buildings or edifices created for specific purposes, ranging from residential, commercial, to infrastructural uses.

Noticeable Effect

An observable or measurable impact resulting from a specific action or phenomenon.

Evolution Timescales

The long periods over which evolutionary processes such as mutation, selection, and drift act, ranging from thousands to billions of years.

Natural Selection

The process by which organisms that are better adapted to their environment tend to survive and produce more offspring, a key mechanism of evolution.