Ruth Similar Store Larger Store Outside Store Total Sales w/o Outside Store Total Sales including Outside Store Ruth market share w/o Outside Ruth market share with Outside Units 110 110 880 1,100 1,100 2,200 % % Dollars $10,450 $6,050 $50,380 $38,500 $66,880 $105,380 % %

Ruth Similar Store Larger Store Outside Store Total Sales w/o Outside Store Total Sales including Outside Store Ruth market share w/o Outside Ruth market share with Outside Units 110 110 880 1,100 1,100 2,200 % % Dollars $10,450 $6,050 $50,380 $38,500 $66,880 $105,380 % %

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

What is her market share? (Round answers to 2 decimal places, e.g. 15.25%.)
Ruth
Similar Store
Larger Store
Outside Store
Total Sales w/o Outside Store
Total Sales including Outside Store
Ruth market share w/o Outside
Ruth market share with Outside
Units
110
110
880
1,100
1,100
2,200
%
%
Dollars
$10,450
$6,050
$50,380
$38,500
$66,880
$105,380
%
%

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