The 1999 and 2000 Market Share Data of the Three

question 20

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: Which of the following may be a false statement?

• A)Sales revenues declined at company C.
• B)Only company C lost market share.
• C)Company A gained market share.
• D)Company B gained market share.
• E)Both Company A and Company B gained market share.

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Definitions:

Quadrilateral

A geometric shape that has four sides and four angles.

Parallelogram

A four-sided figure with opposite sides parallel and equal in length.

Rhombus

A four-sided shape where all sides have equal length, but unlike a square, the angles are not necessarily 90 degrees.

Jointly Exhaustive

A term describing a set of options or possibilities that covers all potential outcomes or conditions without overlap.