What is the best description of market share?

(1 point)
Responses

the total percentage of units and sales a company holds in a market over its competitors

the total percentage of units and sales a company holds in a market over its competitors

the degree to which consumers distinguish between comparable products within the same market

the degree to which consumers distinguish between comparable products within the same market

the expansion of current products and services into new markets

the expansion of current products and services into new markets

the addition of features to a product to increase sales in the market

1 answer

The best description of market share is:

the total percentage of units and sales a company holds in a market over its competitors.