Business, 08.01.2020 03:31 jordan495413

Marketing

1. suppose the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million. topco, inc. has a planned market share of 10 percent. how many phones does topco have the potential to sell in this market?

20,000

2. use the data from question 3 to calculate topco, inc.'s planned market share in dollars.

$400,000

3. 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 how much does it cost to rent a mid-size automobile from atlantic?

$28.45

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1. suppose the average price for a new disposable cell phone is $20, and the to...

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