Question
Assume you are a data analyst for school swag, a small company licensed to sell school-branded hats. You are looking at your most recent performance
Assume you are a data analyst for school swag, a small company licensed to sell school-branded hats. You are looking at your most recent performance data for the past 12 months which finds that you sold 6,213 hats for an average price of $17.86. Further, using secondary data, you estimate that in your geographic trading area, market demand for school hats over the past 12 months was 77,006 hats at an average price of $19.44. What is School Swags revenue market share over the past 12 months? What is its unit volume market share over the past 12 month?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started