If Ben & Jerry's sales for 2016 were $200,000 and the entire ice cream market had sales of $2,000,000 for 2016, what is Ben & Jerry's market share?
A) 10%
B) 9%
C) 1%
D) 10

Question

Quizplus · Accepted Answer

Ben & Jerry's market share is calculated by dividing their sales by the total market sales and then multiplying by 100 to get a percentage. So, ($200,000 / $2,000,000) * 100 = 10%.

If Ben & Jerry's Sales for 2016 Were $200,000 and the Entire