Which equation is used to determine a company’s market share?

(1 point)
Responses

business sales divided by industry sales

business sales divided by industry sales

direct sales multiplied by product sales

direct sales multiplied by product sales

total customers divided by total products

total customers divided by total products

market share divided by total customers

market share divided by total customers

1 answer

The correct equation to determine a company's market share is:

business sales divided by industry sales

So, the response would be "business sales divided by industry sales."