The 1999 and 2000 Market Share Data of the Three

question 72

Multiple Choice

The 1999 and 2000 market share data of the three competitors (A,B,and C) in an oligopolistic industry are presented in the following pie charts.Total sales for this industry were $1.5 billion in 1999 and $1.8 billion in 2000. Company B's sales in 1999 were ___.

• A)$342 million
• B)$630 million
• C)$675 million
• D)$828 million
• E)$928 million

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Definitions:

Premium

An article of merchandise offered as an incentive to the user to take some action.

Complimentary

Something given for free or at no charge.

Souvenir

An item kept as a reminder of a place, event, or experience, often collected during travels or special occasions.

Gift

A present or item given to someone willingly without expecting payment; often used in marketing as promotional material or a loyalty reward.