If Philips Electronics enjoys a Relative Market Share of 0.75 and if Philips Electronics is the second largest firm in the industry, what is the RMS of the industry’s largest firm? Round your answer to two decimal places.
If Philips Electronics enjoys a Relative Market Share of 0.75 and if Philips Electronics is the second largest
firm in the industry, what is the RMS of the industry’s largest firm? Round your answer to two decimal places.
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