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You are studying how the amounts of advertisement spending of two large oligopolistic corporations affect each other. As of date of survey, Corporation A has
You are studying how the amounts of advertisement spending of two large oligopolistic corporations affect each other. As of date of survey, Corporation A has 45% of the market share while Corporation B has the remaining 55%. Around 10% of Corporation A market share is expected to shift for B while approximately 11% of Corporation B market share is likely to shift for A each week. a. What is the forecasted market share of Corporation A by the end of week 2? b. What is the forecasted market share of Corporation B by the end of week 3? c. By the end of which week would Corporation A be more favored than Corporation B
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