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Kryger [21]
3 years ago
11

Shareholders in Frontier Communications were not pleased to learn that the company's market share had changed from 40 to 21 perc

entage points, a loss of 19 percentage points. What was the percent change in market share
Business
1 answer:
Alja [10]3 years ago
6 0

Answer:

47.5\%

Explanation:

Given: The company's market share had changed from 40 to 21 percentage points.

To find: percent change in market share

Solution:

Change in percentage of company's market share =40-21=19

Percent change in market share = (Change in percentage of company's market share ÷ 40) × 100

=\frac{19}{40}(100)=47.5\%

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3 years ago
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