During a recent trip to her favorite restaurant, Sandy (owner of shop 1) met Chris Talley (owner
Fantastic news! We've Found the answer you've been seeking!
Question:
During a recent trip to her favorite restaurant, Sandy (owner of shop 1) met Chris Talley (owner of shop 7) (see Problem 14-28). Sandy and Chris had a discussion about market share for the quick-oil-change operations in their city.
Sandy: maybe 1 person out of 100 will try your shop after visiting one of my shops. In a month, I will have 99% of the market, and you will have 1% of the market.
Chris: In a month, I will have 99% of the market, and you will only have 1% of the market.
??
Posted Date: