Traditional Drug Company is the sole manufacturer of a frequently-prescribed antidepressant drug which is sold over the counter in drug stores. For their Midwestern sales region;
Effective Buying Income = .569%
Total Retail Sales = .728%
Total Population = .582%
What is the Midwestern Buying Power Index?

Question

Quizplus · Accepted Answer

The Buying Power Index (BPI) is calculated using the formula: BPI = (0.5 * Effective Buying Income) + (0.3 * Total Retail Sales) + (0.2 * Total Population). Substituting the given values: BPI = (0.5 * 0.569) + (0.3 * 0.728) + (0.2 * 0.582) = 0.619.

Traditional Drug Company Is the Sole Manufacturer of a Frequently-Prescribed