Use the graph illustrating the market for gasoline-fueled cars to answer the question. Which situation corresponds with this gra
ph of the market for gasoline-fueled cars?
O The government increased tariffs on aluminum and steel, increasing the cost of producing all cars.
O The average price of crude oil decreased, causing the price of gasoline to decrease as well.
O The government strengthened safety standards, forcing producers to include more safety equipment in all cars.
O The average price of lithium decreased, causing the price of batteries used in electric cars to decrease.
O The government increased tariffs on aluminum and steel, increasing the cost of producing all cars.
O The average price of crude oil decreased, causing the price of gasoline to decrease as well.
O The government strengthened safety standards, forcing producers to include more safety equipment in all cars.
O The average price of lithium decreased, causing the price of batteries used in electric cars to decrease.
1 answer:
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Answer: e)5% and $80,000
Explanation:
$320,000 was generated by the salespeople in this territory.
This territory comprises 10% of a $64 million market.
Territory comprises of = 10% * 64,000,000 = $6,400,000
Their market share is therefore;
= * 100%
= 5%
Four people made sales of $320,000.
Their productivity =
= $80,000