Acme corporation currently has a 20% market share in a $15 billion industry (measured by sales revenue). emca corporation currently has a 17% market share in that same industry. what is the sales revenue for acme? (round your answer to 2 decimal places) $ 3.00 billion what is the sales revenue for emca? (round your answer to 2 decimal places) $ 2.55 billion calculate the difference (as a percentage) in market share for these two firms.

The difference in the market share for these two firms is 3%.

The market share of a firm refers to the percentage of the industry's total sales that is earned by such firm..

Given information

Industry sales = $15 billions

Acme market share = 20%

Emca market share = 17%

Sales revenue for ACME = Acme market share * Industry sales

Sales revenue for ACME = 20% * $15,000,000,000

Sales revenue for ACME = $3 billion

Sales revenue of ECMA = Ecma market share * Industry sales

Sales revenue of ECMA = 17% * $15,000,000,000

Sales revenue of ECMA = $2.55 billion

The difference between the market shares as a percentage:

= 20% - 17%

= 3% of $20 billion

Therefore, the difference in the market share for these two firms is 3% of $20 billion.

See similar solution here

answer: kevoto

explanation: be healthy

answer; is the sum of all individual demands curves;