Essay
Last quarter,Abingdon Company sold 1,000 decorative decals for $1 each; Cedar Decaliania sold 200 decorative decals at $4 each; Creative Decals sold 500 decals at $2 each; and Donnelly,Inc.sold 300 decals for $4 each.Assuming that the four companies are the only firms competing in the decorative decal market,calculate unit and dollar market share for each company for last quarter.For each company,which market share figure might be used in an advertisement for that company?
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