Business, 19.09.2019 00:30, jennifermsalzo

Which of the following statements best describes market share? a) it is the sum of the sales revenues of the different products of a firm across their respective markets. b) it is the difference between a firm's total cost and total revenue. c) it is the ratio of a firm's profits to the total cost of production. d) it is the sum of the total cost of production and the sales revenue of all the products of a firm. e) it is the ratio of a firm's sales revenues or unit sales to those of the industry.

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Which of the following statements best describes market share? a) it is the sum of the sales revenue...