Which of the following statements about market share is true?

a.
only direct competition should be considered when strategizing about market share.
b.
all businesses will need a percentage of the market share to survive.
c.
a business with less than 5 percent of the market share is unlikely to last.
d.
market share is unlikely to change much once a business is established.

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Mauro products distributes a single product, a woven basket whose selling price is $15 and whose variable expense is $12 per unit. the company’s monthly fixed expense is $4,200. required: 1. solve for the company’s break-even point in unit sales using the equation method. 2. solve for the company’s break-even point in dollar sales using the equation method and the cm ratio. (do not round intermediate calculations. round "cm ratio percent" to nearest whole percent.) 3. solve for the company’s break-even point in unit sales using the formula method. 4. solve for the company’s break-even point in dollar sales using the formula method and the cm ratio. (do not round intermediate calculations. round "cm ratio percent" to nearest whole percent.)