Table 25.2Pool SweeperOutput (Revenue)Market Share (%)North Star$20,000 Hurricane$16,000 Blue Lagoon$2,000 Clean Sweep$2,000 Refer to Table 25.2. Assume there are only four firms in the pool sweeper industry. What is the market share for Blue Lagoon?
A. 50 percent.
B. 20 percent.
C. 5 percent.
D. 10 percent.
Answer: C
Economics
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Economics