Marketing Fundamentals - Numerical Applications
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Q. A business forecasts sales of 2,000 units at a price of $50 each. What is the expected total sales revenue?
Q. A business sells a product for $60 and incurs a variable cost of $30 per unit. What is the contribution margin per unit?
Q. A company has a market share of 25% in a market worth $1,000,000. What is the company's revenue from this market?
Q. A company has a market share of 25% in a market worth $1,000,000. What is the company's sales revenue?
Q. A marketing campaign costs $2,000 and generates $8,000 in sales. What is the return on investment (ROI)?
Q. A product is priced at $80 and has a sales tax of 10%. What is the total price including tax?
Q. A product's demand increases by 15% when the price decreases by 10%. What is the price elasticity of demand?
Q. A product's price is reduced from $40 to $30. What is the percentage decrease in price?
Q. If a business spends $1,500 on advertising and gains 150 new customers, what is the cost per acquisition (CPA)?
Q. If a business spends $500 on advertising and gains 50 new customers, what is the cost per acquisition (CPA)?
Q. If a company has a customer retention rate of 80% and loses 20% of its customers, what is the remaining customer base if it started with 1,000 customers?
Q. If a company has a customer retention rate of 80% and starts with 1,000 customers, how many customers will remain after one year?
Q. If a company has a gross profit of $300,000 and total sales of $1,000,000, what is the gross profit margin?
Q. If a company has total sales of $500,000 and total expenses of $400,000, what is the profit margin?
Q. If a company sells 500 units of a product at a price of $20 each, what is the total revenue?
Q. If a product has a cost of $15 and is sold for $25, what is the markup percentage?
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