Answer:
$225
Step-by-step explanation:
Total share ratio = 4+5 = 9
Lionel's ratio = 5
Lionel's share = (5/9) × 675
= $375
Lionel's mum = (3/5) x 375
= $225
Answer:
kamusta
Step-by-step explanation:
Answer: 50%
Step-by-step explanation:
In 2010, there were only 2 bike manufacturers and they had market shares of 30% and 70%.
A new manufacturer joins the market and captures 10% of the market share and Splendor increases to 40% of market share.
Market shares:
Yamaha = 10%
Splendor = 40%
Passion = 100% - 10% - 40%
= 50%