Key equations in Business

?
Income Elasticity Of Demand
(%change in quantity demand) divided by (% change in income)
1 of 6
Pirce Elasticity Of Demand
(% change in quantity demand) divided by (% change in price)
2 of 6
Market Share
((Sales of product or brand or company) divided by (total sales in market)) then x 100
3 of 6
Market growth
(Market size in year- market size in previous year) divided by (market size in previous year) then x100
4 of 6
Market size
Unit x Average selling price
5 of 6
Sales Growth
((sales in year) - (sales in previous year)) divided by (sales in previous year) then x 100
6 of 6

Other cards in this set

Card 2

Front

(% change in quantity demand) divided by (% change in price)

Back

Pirce Elasticity Of Demand

Card 3

Front

((Sales of product or brand or company) divided by (total sales in market)) then x 100

Back

Preview of the back of card 3

Card 4

Front

(Market size in year- market size in previous year) divided by (market size in previous year) then x100

Back

Preview of the back of card 4

Card 5

Front

Unit x Average selling price

Back

Preview of the back of card 5
View more cards

Comments

No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all Equations resources »