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To College A College B College C College A 0.65 0.20 0.15 From College B 0.05 0.90 0.05 College C 0.10 0.10 0.80 (i) What

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To College A College B College C College A 0.65 0.20 0.15 From College B 0.05 0.90 0.05 College C 0.10 0.10 0.80 (i) What is the market share of College A next year? (5 marks) (ii) What are the equilibrium market shares for these three colleges? (6 marks) [Total: 25 Marks]

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