$$\begin{array} { | c | r | }
\hline \text { Bank } & \text { Asset Size } \
\hline 1 & \text { \$100 million } \
\hline 2 & \text { \$200 million } \
\hline 3 & \text { \$500 million } \
\hline
\end{array}$$
-What is the market share of Bank 2?
A)12.5 percent.
B)37.5 percent.
C)25.0 percent.
D)62.5 percent.
E)50.0 percent.

Question

$$\begin{array} { | c | r | } 
\hline \text { Bank } & \text { Asset Size } \
\hline 1 & \text { \$100 million } \
\hline 2 & \text { \$200 million } \
\hline 3 & \text { \$500 million } \
\hline
\end{array}$$
-What is the market share of Bank 2?
A)12.5 percent.
B)37.5 percent.
C)25.0 percent.
D)62.5 percent.
E)50.0 percent.

Quizplus · Accepted Answer

Market share is calculated by dividing the asset size of the individual bank by the total asset size of all banks in the market. The total asset size of all banks is $100 million + $200 million + $500 million = $800 million. Thus, the market share of Bank 2 is (200/800) x 100% = 25.0%.

-What Is the Market Share of Bank 2? A)12

-What Is the Market Share of Bank 2?
A)12