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lisov135 [29]
3 years ago
12

HELP!!! Marketing

Business
1 answer:
Harrizon [31]3 years ago
5 0

Answer:

1. ANSWER: 20,000

2. ANSWER: $400,000

3. ANSWER: $28.45

Explanation:

1. If the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million;and Topco, Inc. has a planned market share of 10 percent. Then, Topco have the potential to sell in this market 10% * $4 million / $20 = 20,000 units of the proposed cell phone.

2. The planned market share in dollars is 10% * $4 million = $400,000

3. If Atlantic Car Rental charges $29.95 per day to rent a mid-size automobile. Pacific Car Rental, Atlantic's main competitor, just reduced prices on all its car rentals. In response, Atlantic reduced its prices by 5 percent.

Now Atlantic's new cost of rental for mid-size cars is: 95% of $29.95 =  $28.45

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3 years ago
Explain the equation for the income statement. What are the three major items reported on the income statement?
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A firm will work with a customer to design the product, and then make it from purchased materials, parts, and components. this firm is called <u>a make order firm.</u>

<u />

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8 0
2 years ago
Anyone want to help?
beks73 [17]
The answer is 5 hope I helped u
7 0
3 years ago
I will give u brianlest this is my klikbot central plz sub
Tresset [83]
Okay i got youuuuu i will sub
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3 years ago
Read 2 more answers
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