Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
8 Cards in this Set
- Front
- Back
|
Value |
Volume x average price |
|
|
Market growth % |
((Market size in year - market size in previous year) ÷ market size in previous year) × 100 |
|
|
Sales Growth % |
((Sales in year- sales in previous year) ÷ sales in previous year) × 100 |
|
|
Market share % |
(Sales of one product/ brand/ company ÷ total sales in market) × 100 |
|
|
Price elasticity of demand |
% change in quantity demanded ÷ % change in price |
|
|
Income elasticity of demand |
% change in quantity demanded ÷ % change in income |
|
|
% change in quantity demanded |
(Change in quantity demanded ÷ original quantity demanded) × 100 |
|
|
% change in price |
(Change in price ÷ original price) ×100 |
