You do decide to enter the market. You estimate that your company could command 19,500 of...
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You do decide to enter the market. You estimate that your company could command 19,500 of the possible doughnuts sold. If you were to sell your doughnuts at the same price of $2.19 per unit and the rest of the competitors in the market sell their doughnuts at an average of $1.99, what would your market share be for this doughnut market? Use the demand from the existing competitors from question 5 (136,500) to estimate share. Show your work. You do decide to enter the market. You estimate that your company could command 19,500 of the possible doughnuts sold. If you were to sell your doughnuts at the same price of $2.19 per unit and the rest of the competitors in the market sell their doughnuts at an average of $1.99, what would your market share be for this doughnut market? Use the demand from the existing competitors from question 5 (136,500) to estimate share. Show your work.
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Managerial Accounting An Integrative Approach
ISBN: 9780999500491
2nd Edition
Authors: C J Mcnair Connoly, Kenneth Merchant
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