niversity Population 40,000 students Engineering Population 5,000 students   Average of 3 events per Schoolyear. Students are required to buy and wear separate college shirts for every event. Average price per shirt is Php350.00.   What is the market size (value) for college shirts in the university? In commerce? What is the market size (units) in the university? In engineering?

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter5: Buying The Necessities
Section: Chapter Questions
Problem 20AA
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University Population 40,000 students

Engineering Population 5,000 students

 

Average of 3 events per Schoolyear.

Students are required to buy and wear separate college shirts for every event. Average price per shirt is Php350.00.

 

What is the market size (value) for college shirts in the university? In commerce? What is the market size (units) in the university? In engineering?

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