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Group Question
Refer to the data below and answer the questions that follow.

For a particular industry, Supply Efficiency is measured in terms of the actual supply of a product as a percentage of its demand. Similarly, the Market Potential measures the demand for a product compared in percentage terms to the production capacity for that product. The graph below shows the Supply Efficiency and Market Potential for a product in this industry. 
 
 
 
Q. If the actual supply for a product in 2015 is 65000 tons, what is the  production capacity for that product (in tons)?
  • a)
    53750  
  • b)
    75300
  • c)
    57730
  • d)
    55350 
Correct answer is option 'C'. Can you explain this answer?
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Group QuestionRefer to the data below and answer the questions that fo...
Solution: In 2015, Supply Efficiency = (Supply/Demand) x 100 = 80 and Market Potential = (Demand/Production Capacity) x 100 = 65 ••• (Supply/Demand) x (Demand/Production Capacity) = (80/100) x (65/100)
••• Supply/Production Capacity = 5200/10000 = 0.52 Production Capacity = Supply/0.52 = 65000/0.52 = 125000 tons
Hence, option 3.
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Group QuestionRefer to the data below and answer the questions that follow.For a particular industry, Supply Efficiency is measured in terms of the actual supply of a product as a percentage of its demand. Similarly, the Market Potential measures the demand for a product compared in percentage terms to the production capacity for that product. The graph below shows the Supply Efficiency and Market Potential for a product in this industry.Q. If the actual supply for a product in 2015 is 65000 tons, what is the production capacity for that product (in tons)?a)53750 b)75300c)57730d)55350Correct answer is option 'C'. Can you explain this answer?
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Group QuestionRefer to the data below and answer the questions that follow.For a particular industry, Supply Efficiency is measured in terms of the actual supply of a product as a percentage of its demand. Similarly, the Market Potential measures the demand for a product compared in percentage terms to the production capacity for that product. The graph below shows the Supply Efficiency and Market Potential for a product in this industry.Q. If the actual supply for a product in 2015 is 65000 tons, what is the production capacity for that product (in tons)?a)53750 b)75300c)57730d)55350Correct answer is option 'C'. Can you explain this answer? for CAT 2025 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Group QuestionRefer to the data below and answer the questions that follow.For a particular industry, Supply Efficiency is measured in terms of the actual supply of a product as a percentage of its demand. Similarly, the Market Potential measures the demand for a product compared in percentage terms to the production capacity for that product. The graph below shows the Supply Efficiency and Market Potential for a product in this industry.Q. If the actual supply for a product in 2015 is 65000 tons, what is the production capacity for that product (in tons)?a)53750 b)75300c)57730d)55350Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Group QuestionRefer to the data below and answer the questions that follow.For a particular industry, Supply Efficiency is measured in terms of the actual supply of a product as a percentage of its demand. Similarly, the Market Potential measures the demand for a product compared in percentage terms to the production capacity for that product. The graph below shows the Supply Efficiency and Market Potential for a product in this industry.Q. If the actual supply for a product in 2015 is 65000 tons, what is the production capacity for that product (in tons)?a)53750 b)75300c)57730d)55350Correct answer is option 'C'. Can you explain this answer?.
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