management-by-the-numbers.com MindTap - Cengage Lear Chapter 13-MindTap F Manage
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management-by-the-numbers.com MindTap - Cengage Lear Chapter 13-MindTap F Management By The Nu... Your question was answ Levon Sells Cartoon My Illinois State Ilinois State University Problem Sets Total Questions Course: Illinols State Marketing 190 with Kim Judson S18 Module: Market Share Metrics I I Problem Set ID:66 24 Levon sells cartoon balloons in town. His family business thrives. Levon's balloons are priced at $8.00 each and sells 397 balloons each month. His largest competitor, Paul, sells 860 balloons each month at a price of $3.00 each. Levon estimates the total balloon market in town to be 2000 per month at an average price of $4.00 per balloon What are Levon's revenues? o dollars Submit Answer Exit PS1Explanation / Answer
Levon's Revenue = Price per balloon * Total number of ballons sold
= $8 * 397
Levon's Revenue = $3176
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