If there are 20 manufacturers and 500 retailers,and each manufacturer has 15 interactions per year with each retailer at a cost of $200 per transaction,calculate the total number of transactions.

Question

Quizplus · Accepted Answer

Total number of interactions per year = 20 (number of manufacturers) * 500 (number of retailers) * 15 (interactions per year) = 150,000
Total cost of transactions = 150,000 * $200 = $30,000,000
Therefore, the answer is B, i.e. 150,000 transactions per year.

If There Are 20 Manufacturers and 500 Retailers,and Each Manufacturer