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A new phone model is expected to sell 200,000 units in its first year. If the pr

Practice Questions

Q1
A new phone model is expected to sell 200,000 units in its first year. If the price is set at $700, what is the expected revenue?
  1. $140 million
  2. $150 million
  3. $160 million
  4. $170 million

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A new phone model is expected to sell 200,000 units in its first year. If the price is set at $700, what is the expected revenue?
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