Question 1 of 8 Three companies, Alpha, Beta, and Gamma, are the only suppliers to a specialized market. Last year, Alphas's sales were $600,000, Beta's $1,100,000, and Gamma's $1,900,000. Note: Retain all decimal places calculated in (a) to solve (b) and (c). a. What was the market share (percent of market) of each company? Alpha: % Beta: % Gamma: % Round to two decimal places if necessary b. If next year's total market is expected to be $6,500,000, and each company's share remains the same, what would be the sales of each company? Alpha: Beta: Gamma: Round to the nearest cent c. Alpha has an aim of making its sales 60% of Beta's. With total sales as in (b), and Gamma's as in (b), what would the sales of Alpha and Beta have to be for Alpha to make its aim? Alpha: Beta: Round to the nearest cent

Question 1 of 8 Three companies, Alpha, Beta, and Gamma, are the only suppliers to a specialized market. Last year, Alphas's sales were $600,000, Beta's $1,100,000, and Gamma's $1,900,000. Note: Retain all decimal places calculated in (a) to solve (b) and (c). a. What was the market share (percent of market) of each company? Alpha: % Beta: % Gamma: % Round to two decimal places if necessary b. If next year's total market is expected to be $6,500,000, and each company's share remains the same, what would be the sales of each company? Alpha: Beta: Gamma: Round to the nearest cent c. Alpha has an aim of making its sales 60% of Beta's. With total sales as in (b), and Gamma's as in (b), what would the sales of Alpha and Beta have to be for Alpha to make its aim? Alpha: Beta: Round to the nearest cent

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter12: Sequences, Series And Binomial Theorem

Section12.3: Geometric Sequences And Series

Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...

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