Business > Theme 1 Formulas > Flashcards

Theme 1 Formulas Flashcards

(5 cards)

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1
Q

Market Share Formula?

A

Sales of (x) / total sales total sales in market x100

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2
Q

Sales Revenue Formula?

A

Selling price X sales volume

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3
Q

Sales volume formula?

A

Sales revenue / selling price

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4
Q

YED

A

%change in demand / %change in income

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5
Q

PED

A

%change in demand/ %change in price

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