question archive 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
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
Subject:MarketingPrice:2.88 Bought3
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, 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, than what percent of the market does Brand B has now?
