Solved: If brands a b c all lost share by the same relative amount, Basic Statistics

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If brands a b c all lost share by the same relative amount

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, than what percent of the market does Brand B have now?

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Basic Statistics: If brands a b c all lost share by the same relative amount

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Basic Statistics: If brands a b c all lost share by the same relative amount

Reference No:- TGS02831858

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