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Table 252 Refer to Table 25

Question 89

Multiple Choice

 Pool Sweeper  Output  Market share  Producer  (Revenue)   (percent)   North Star $20,000_____ Hurricane $16,000_____ Blue Lagoon $2,000_____ Clean Sweep $2,000_____\begin{array}{l}\begin{array} { l l r } \text { Pool Sweeper } &\text { Output } &\text { Market share } \\\text { Producer }&\text { (Revenue) }&\text { (percent) }\\\hline \text { North Star } & \$ 20,000 &\_\_\_\_\_\\\text { Hurricane } & \$ 16,000 &\_\_\_\_\_\\\text { Blue Lagoon } & \$ 2,000 &\_\_\_\_\_\\\text { Clean Sweep } & \$ 2,000&\_\_\_\_\_\\\end{array}\end{array}
Table 25.2 Refer to Table 25.2.Assume there are only four firms in the pool sweeper industry.What is the market share for Blue Lagoon?


A) 20 percent.
B) 50 percent.
C) 10 percent.
D) 5 percent.

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