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Nguyen Electronics wants to add solid state whoozits (SSW's) to its product line. Adding SSW's to its product line will require spending $2,657,160 in fixed
Nguyen Electronics wants to add solid state whoozits (SSW's) to its product line. Adding SSW's to its product line will require spending $2,657,160 in fixed costs. Nguyen plans to sell SSW's for $473 each, and estimates variable costs at $101 per unit. The total market for SSW's is worth $59,544,400. Calculate breakeven MARKET SHARE for Nguyen Electronics' SSW venture. Report answer as a percent. Report 22.5%, for example, as "22.5". Rounding: tenth of a percent.
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