Market share is the ratio of
Multiple Choice
the profit of the firm to the total profits of all firms in the industry, excluding the firm itself.
the profits of all firms in an industry to the profits of the firm.
sales revenue of the firm to the total sales revenue of all firms in the industry, including the firm itself.
the profit of the firm to the total profits of all firms in the industry, including the firm itself.
sales revenue of the firm to the total sales revenue of all firms in the industry, excluding the firm itself.