Store A and Store B compete for the business of the same customer base. Store A has 55% of the business and Store B has 45 %. Both companies intend to expand to increasse their market share. If both expand, or neither expand, they expect theri market share to remain the same. If Store A expands and Store B does not, the Store A"A share increases to 65%. If Store B expands and Store A doesnt, then Store A's share drops to 50%. Determine which strategy, to expand or not, each company should take.

Store A and Store B compete for the business of the same customer base. Store A has 55% of the business and Store B has 45 %. Both companies intend to expand to increasse their market share. If both expand, or neither expand, they expect theri market share to remain the same. If Store A expands and Store B does not, the Store A"A share increases to 65%. If Store B expands and Store A doesnt, then Store A's share drops to 50%. Determine which strategy, to expand or not, each company should take.

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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