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A company is trying to pretict the long-run makket share of a new men's deodorant. Based on initial marketing stuches, they believe that 40 s.

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A company is trying to pretict the long-run makket share of a new men's deodorant. Based on initial marketing stuches, they believe that 40 s. of new purchasers in lfis market will ultimately try this brand, and of these, about 60% will purchase it in the fisure. Prelirinary data also fuggest that the brand will attract heavier-than-average buyers, soch as those Who exercice frequently and participate in sports, and that they will purchase about 15% more than the average buyer. Compleac parts a and b. a. Calculate the long-run market share that the company can anticipate under these assurnetions: The long-run maket share is 0276 (Type an integer or a decimal rounded to three decimal places as needed) for prisdicing long-ruin matkot share, I [simplify year answarf]

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