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The answer is not 38.7 or 38.695! Levon sells cartoon balloons in town. His family business thrives. Levon's balloons are priced at $8.00 each and
The answer is not 38.7 or 38.695!
Levon sells cartoon balloons in town. His family business thrives. Levon's balloons are priced at $8.00 each and sells 344 balloons each month. His largest competitor, Paul, sells 889 balloons each month at a price of $3.00 each. Levon estimates the total balloon market in town to be 2000 per month at an average price of $5.00 per balloon. What is Levon's relative market share based on units? index ( 2 decimal places)Step by Step Solution
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