Question

**please help brainliest best answer* Suppose the total market potential for MP3 players in Middletown is estimated at $150,000 per year. One manufacturer that is introducing a new MP3 player in the city expects to capture 23 percent of the total market in the first year. Calculate the company's planned market share in dollars.

Answer 1

Answer:

$34,500

Explanation:

23% of $150,000 = 0.23×$150,000 = $34,500

_____

Comment on percentages

The % symbol is a shorthand way to write /100. Thus 23% = 23/100 = 0.23. (Both the fraction and the decimal are pronounced "twenty-three hundredths.")