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A drug company believes its new drug will sell 1 0 , 0 0 0 units in 2 0 0 4 . They expect two
A drug company believes its new drug will sell units in They expect two competitors to enter the market. The year in which the first competitor enters, the company expects to lose percent of its market share. The year in which the second competitor enters, the company expects to lose percent of its market share. The size of the market is growing at percent per year. Given values for the years in which the two competitors enter, develop a worksheet that computes the annual sales for the years through
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