Suppose 100 million people consume black tea every year, and an average consumer consumes 8 kgs of tea at an average price of $3 per kg. Compute the total market potential for tea

Problem inquiry often leads to a better understanding of the problem and increases the number of possible solutions

Indicate whether the statement is true or false.

The goals to be achieved with your pricing structure are known as pricing

a. objectives. b. policies. c. mark-ups. d. targets.