Economics: Principles, Problems, and Policies, 19th Edition

Published by McGraw-Hill Education
ISBN 10: 0073511447
ISBN 13: 978-0-07351-144-3

Chapter 18 - Antitrust Policy and Regulation - Problems - Page 390: 1b

Answer

$30\%$ No

Work Step by Step

Berries market (blueberries + strawberries) Total berries = 1.0+5.0=6.0 million tons. Sunny’s berry sales = 0.9+0.9=1.8 million tons. Share = 1.8/6.0=0.30=30%. At 30%, Sunny is well below the 60% or 90% thresholds — the court would not treat Sunny Valley as a monopolist in the berries market under the 90–60–30 rule.
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