Exam-style question
Try this first
A small manufacturer sells 1,200 units of its product in a market where the total sales are 6,000 units. Which statement best describes the manufacturer’s market share?.
- A.20% of the market
- B.5% of the market
- C.12% of the market
- D.60% of the market
Answer and explanation
Attempt the question first, then reveal the model answer and explanation.
Common mistake
No common mistake is linked to this question yet.