If the adjusted trial rate for a new product is 30% and the repeat rate is 60%,
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Question:
If the adjusted trial rate for a new product is 30% and the repeat rate is 60%, calculate the total annual volume sold in a City with a population of 4 Million. Each consumer buys 10 times in a year and 2 units per purchase occasion on average.
Select one:
a.1.92 million units
b.14.4 million units
c.2.4 million units
d.16.8 million units
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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