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3) Please use the concept of customer lifetime value (CLV) to make the business decision: Assume current customer base: 1,000 customers a) Calculate CLV for each product. Which product has the highest CLV? (I pt.) b) Will you use a budget of $173,500 (expense) to acquire additional 100 new customers for Product A? Why? Please offer evidence to justify your decision. (Ipt.) c) Assume the current market share for the given three products is 75% for Product A, 15% for Product B, and 10% for Product C. Is it a good move to switch to 60% for Product A, 15% for Prouluct B, and 25% for Product C? Why? Please offer evidence to justify your decision. (2 pts.) d) Given the same market share for each product (75-15-10\% for A-B-C), will you use a budget of $50,000 (expense) to improve the churn rate of Product C from 12% to 9% ? Why? Please offer evidence to justify your decision