Question

Stream Tube made $15 billion worth of

revenue this year. The total market for
streaming television services is $20
billion. What is Stream Tube's market
share?
A. 75.0%
C. 25.0%
B. 33.3%
D. 83.0%

Answer 1

To calculate Stream Tube's market share, we can divide its revenue by the total market revenue and multiply by 100 to express it as a percentage.

Stream Tube's revenue: $15 billion

Total market revenue: $20 billion

Market share = (Stream Tube's revenue / Total market revenue) * 100

Market share = ($15 billion / $20 billion) * 100

Market share ≈ 0.75 * 100

Market share ≈ 75.0%

Therefore, Stream Tube's market share is approximately 75.0%. The correct answer is A. 75.0%.