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Stels [109]
2 years ago
7

Assume that for a certain product, brand a has 15% market share, brand b has 20% market share, and brand c has 65% market share.

a new brand, brand d (d for dominant :) ), enters the market and captures 30% of the market. the total market has not grown. if brands a, b, c all lost share by the same relative amount, then what percent of the market does brand b have now?
Business
1 answer:
tiny-mole [99]2 years ago
4 0
Brand B market share is now at 14%

100 = 30 + (15-3x) + (20-4x) + (65-13x)
100 = 130-20x
20x = 130-100
x = 30/20
x = 1.5

b = 20-4*1.5
   = 14


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myrzilka [38]

Answer:

0.74

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4 0
3 years ago
Free Cash Flow Catering Corp. reported free cash flows for 2008 of $8.08 million and investment in operating capital of $2.08 mi
Ksivusya [100]

Answer: $11.16 million.

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EBIT = 10.16 million + 2.08 million - 1.08 million

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5 0
3 years ago
In the process of brainstorming his goals, Robert realized his Web business was more about money than creativity. His decision t
bixtya [17]
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6 0
2 years ago
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Amanda [17]

Answer:

a. mostly cigarette buyers.

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3 0
3 years ago
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kari74 [83]

Answer:

$890

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7 0
3 years ago
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