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Your quiz has been submitted successfully.L09: Marketing Math Practice QuizQuestion 11 / 1 pointAn educational toy store can buy a world globe for $30. If the store owner sells the globe for $45, what is the unit margin percentage?A) 15 percentB) 20 percentC) 33 percentD) 50 percentQuestion 21 / 1 pointBill Needles makes and sells customized silver belt buckles for $225 each. He has determinedthat his fixed costs are $8,000, and his average variable costs per buckle are $145. What is his break-even point in units?A) 47B) 50
C) 100D) 178Question 31 / 1 pointAssume that in the scenario from the previous question, the total market for custom silver belt buckles in the region is estimated at 500. What kind of market share will Bill need to secure in order to break even?A) 5 percentB) 10 percent C) 20 percentD) None of the aboveQuestion 41 / 1 pointYou are a marketing manager with profit responsibility for the pickle line. A salesperson comes to you and says he can double the amount of sales on sweet pickles this Thanksgiving