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HW Score: 0% , 0 of 1 pt Score: 0 of 1 pt 1 of 1 (0 complete)v Metrics 18.2 Question Help Bottled water is

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HW Score: 0% , 0 of 1 pt Score: 0 of 1 pt 1 of 1 (0 complete)v Metrics 18.2 Question Help Bottled water is a hot industry with sales of $12.5 billion in the United States. Big players in this industry include Nostle, PepsiCo, and Coca-Cola. Nestle is the market leader with four brands among the top 10 leading brands. Nestle's Pure Life brand was the top-selling brand with sales of $1.04 billion, but the company's other brands make up an additional $1.3 billion. Nestle saw an opportunity in this market and launched a new brand called Resource, targeted to affluent women. Resource is fortified with electrolytes and is promoted as "more than hydration, it's total elect Vitaminwater and Smartwater. If Resource attains just 2 percent market share, it will be among the top 10 selling brands. How much revenue does one market share point represent in this industry? Assuming total market sales remain the same, what sales must Resource attain to be among the top 10 selling brands? ytenment." Nestle is attempting to take market share away from Glaceau's One market share point is $ 125 million. (Round to the nearest whole number.) million, (Round to the nearest whole number.) Resource sales must equal $

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