Solved

The Market Demand for a Certain Product from Silkskin Cosmetics

Question 17

Multiple Choice

The market demand for a certain product from Silkskin Cosmetics is 10,000 units.The market share is 20%.The average selling price of a unit is $10 and the average cost price is $5.Calculate the gross profit for the product.


A) $10,000
B) $5,000
C) $20,000
D) $15,000
E) $30,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions