The 2010 and 2012 Market Share Data of Three Competitors

question 10

Multiple Choice

The 2010 and 2012 market share data of three competitors (Alston, Baren, and Clemson) in an oligopolistic industry are presented in the following pie charts.Total sales for this industry were $1.5 billion in 2010 and $1.8 billion in 2012.Clemson's sales in 2010 were ___________.

• A)$330 million
• B)$630 million
• C)$675 million
• D)$828 million
• E)$928 million

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Definitions:

Foreign Direct Investment

Foreign Direct Investment (FDI) involves an investment made by a firm or individual in one country into business interests located in another country.

U.S. Imports

Goods and services purchased by residents of the United States from other countries.

U.S. Exports

Goods and services produced in the United States that are sold to other countries.

Foreign Portfolio Investment

Foreign portfolio investment involves holding financial assets from a country outside of the investor's own country.