Question
2007 - Acme Widget sales - $5.0 million; Total sales of all firms in Widget marketspace $105 million 2008 - Acme Widget sales - $5.5
2007 - Acme Widget sales - $5.0 million; Total sales of all firms in Widget marketspace $105 million 2008 - Acme Widget sales - $5.5 million; Total sales of all firms in Widget marketspace $125 million 2009 - Acme Widget sales - $5.7 million; Total sales of all firms in Widget marketspace $133 million 2010 - Acme Widget sales - $6.8 million; Total sales of all firms in Widget marketspace $133 million 2011 - Acme Widget sales - $6.7 million; Total sales of all firms in Widget marketspace $130 million 2012 - Acme Widget sales - $6.7 million; Total sales of all firms in Widget marketspace $120 million
1) (10 points) Given the above data, calculate the annual market share of the Acme Widget Company for each year.
2) (10 points) Calculate Acme Widgets sales growth for each year and for the five year period.
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