Determine what is sunny valleys market share

Reference no: EM13242603

Suppose that there are only three types of fruit sold in the United States. Annual sales are 1 million tons of blueberries, 5 million tons of strawberries, and 10 million tons of bananas. Suppose that for those total amounts, the Sunny Valley Fruit Company sells 900,000 tons of blueberries, 900,000 tons of strawberries, and 7.9 million tons of bananas.

A. What is Sunny Valley's market share if the relevant market is blueberries? If a court applies the "90-60-30 rule" when considering just the blueberry market, would it rule that Sunny Valley's is a monopoly?

B. What is Sunny Valley's market share if the relevant market is all types of berries? Would the court rule Summy Valley to be a monopolist in that market?

C. What if he relevant market is all types of fruit? What is Sunny Valley's market share, and would the court consider Sunny Valley to be a monopolist?

Reference no: EM13242603

Questions Cloud

Explain the half-life of the element : A fossil that formed with 10,000 atoms of a radioactive parent element now contains only 1,250 atoms of that element. If the half-life of the element was 1,000,000 y, how old is the fossil

Distinguish between the short run and the long run : Insurance agents receive a commission on the policies they sell. Many states regulate the rates that can be charged for insurance. Would higher or lower rates increase the incomes of agents Explain, distinguishing between the short run and the lon..

Determine the initial and final temperatures : a 3.95 mol sample of an ideal diatomic gas expands adiabatically from volume of 0.1820 m3to 0.710m3, Determine the initial and final temperatures

Explain sodium chloride and magnesium hydroxide : In the near future, the college will attempt to reduce the cost of chemicals used in campus laboratories. One option suggests the chemistry department use household chemicals instead of expensive laboratory grade materials were ever possible.

Determine what is sunny valleys market share : Suppose that there are only three types of fruit sold in the United States. Annual sales are 1 million tons of blueberries, 5 million tons of strawberries, and 10 million tons of bananas.

Labor-management accord : The most important concession achieved by workers under the "labor-management accord" was. President Truman's response to the invasion of South Korea was to. Beginning in the 1960's the influx of Cuban refugees rapidly changed the character of

What is the change in entropy of the water : A sophomore with nothing better to do adds heat to 0.350 kg of ice at 0.00°C until it is all melted. What is the change in entropy of the water

How the division controller of quality plumbing supplies : Using managerial accounting information : How the division controller of quality Plumbing Supplies determine the cost of product left in inventory?

Explain the level of earnings for the entire year : Asecurity analyst specializing in the stocks of the motion picture industry wishes to examine the relation between the number of movie theater tickets sold in December and the annual level of earnings in the motion picture industry.

User Account

All Pages