Calculate the total sales of a product if the market demand for the product now in the early growth stage of the product life cycle is 2 million units annually,and the product captures 15 percent of this demand with a price of $50 per unit.
A) $100 million
B) $15 million
C) $30 million
D) $50 million
E) $75 million
Correct Answer:
Verified
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