Calculate the total volume of units sold by a business if there is a market demand of 550,000 units and the business has a market share of 25%.
A)292,560
B)440,650
C)137,500
D)325,000
E)110,190

Question

Quizplus · Accepted Answer

The total volume of units sold by the business is calculated by taking 25% of the market demand of 550,000 units. This is done by multiplying 550,000 by 0.25, which equals 137,500 units.

Calculate the Total Volume of Units Sold by a Business