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The Market Size for Loppins Is 80 Million Units

Question 46

Multiple Choice

The market size for Loppins is 80 million units. If SPI Inc. has a market share of 30% and the average sales price is $2 per Loppin, what is the dollar amount of sales of SPI?


A) $40 million
B) $42 million
C) $45 million
D) $48 million

Correct Answer:

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