The 2010 and 2012 Market Share Data of Three Competitors

question 30

Multiple Choice

The 2010 and 2012 market share data of three competitors (Alston, Baren, and Clemson) in an oligopolistic industry are presented in the following pie charts. Which of the following is true?

• A)Only Baren gained market share.
• B)Only Clemson lost market share.
• C)Alston lost market share.
• D)Baren lost market share.
• E)All companies lost market share

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Definitions:

Logic

The systematic study of the principles of valid inference and correct reasoning, often applied in philosophy, mathematics, and computing.

Predicate

The part of a sentence or clause containing a verb that states something about the subject.

Proposition

A statement or assertion that expresses a judgment or opinion, which can be true or false.

Sweet

A taste sensation often associated with sugar and substances that evoke a similar pleasurable experience.