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Question: if phillips electronics enjoys a rms relative market share of...

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If Phillips electronics enjoys a RMS (relative market share) of 0.48 and if Phillips 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.

I do not understand how you arrive at the answer 2.08
Question S9 0/10 points If Philips Electronics enjoys a RMS of 0.48 and if Philips Electronics is the second largest firm in the industry, what is the RMS of the industrys largest firm? Round your answer to two decimal places. Answer x (2.08)
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