UNIT 3 Flashcards
1
Q
SALES GROWTH
A
(SALES IN A GIVEN PERIOD / EXISTING SALES) X 100
2
Q
MARKET SIZE
A
(X/100) x NUMBER
3
Q
MARKET SHARE
A
(SALES OF THIS PRODUCT / TOTAL MARKET SALES) X 100
4
Q
MARKET GROWTH
A
(CHANGE IN MARKET SIZE / ORIGINAL MARKET SIZE) X 100
5
Q
PED
A
% change in quantity demanded / % change in price
6
Q
YED
A
% change in quantity demanded / % change in income
