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The following two tables apply to all problem sets: Table#1: Market Share in U.S. Chocolate Bar Market of Major Chocolate Bar Companies (2020) Company Market

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The following two tables apply to all problem sets: Table#1: Market Share in U.S. Chocolate Bar Market of Major Chocolate Bar Companies (2020) Company Market Share (% of US Market) Hershey 43.3% Mars 29.8% Lindt/Ghirardilli /R. Stove 9.1% Ferrero* 7.0% All others 10.8% *Nestle sold its U.S. chocolate business to Ferrero To simply matters assume that each chocolate bar company has a single chocolate bar marketed in the USA as noted below: Table#2: Representative Chocolate Bar Prices (2020) Company Name of Chocolate Bar Price (S per unit) Hershey Hershey's Chocolate 0.88 Mars Snickers 1.25 Lindt/Ghirardilli /R. Stove Dark Chocolate Cacao 90% 4.33 Ferrero Kinder Chocolate 2.79

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