Consider two products, A and B, both of which have the same purchase probability

chillywilly12a

chillywilly12a

Answered question

2021-10-08

Consider two products, A and B, both of which have the same purchase probability. Product A has a population size of 1000 and a 50 percent awareness probability. Product B has a population size of 10,000 and a 5 percent awareness probability. Which product do you expect to sell more? Product B

Answer & Explanation

Bella

Bella

Skilled2021-10-09Added 81 answers

Please, check

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Jeffrey Jordon

Jeffrey Jordon

Expert2021-12-25Added 2605 answers

Answer is given below (on video)

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