niversity Population 40,000 students Engineering Population 5,000 students   Average of 3 events per Schoolyear. Students are required to buy and wear separate college shirts for every event. Average price per shirt is Php350.00.   What is the market size (value) for college shirts in the university? In commerce? What is the market size (units) in the university? In engineering?

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter7: Taking The Nation's Economic Pulse
Section: Chapter Questions
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University Population 40,000 students

Engineering Population 5,000 students

 

Average of 3 events per Schoolyear.

Students are required to buy and wear separate college shirts for every event. Average price per shirt is Php350.00.

 

What is the market size (value) for college shirts in the university? In commerce? What is the market size (units) in the university? In engineering?

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