Essay
In a study of the domestic market share of the three major automobile manufacturers ,
, and
in a certain country, it was found that of the customers who bought a car manufactured by
, 75% would again buy a car manufactured by
, 10% would buy a car manufactured by
, and 15% would buy a car manufactured by
. Of the customers who bought a car manufactured by
, 90% would again buy a car manufactured by
, whereas 5% each would buy cars manufactured by
and
, respectively. Finally, of the customers who bought a car manufactured by
, 75% would again buy a car manufactured by
, 5% would buy a car manufactured by
, and 20% would buy a car manufactured by
. Assuming that these sentiments reflect the buying habits of customers in the future model years, determine the market share that will be held by each manufacturer in the long run.
Please round your answers to the nearest tenth of a percent, if necessary.
__________ % manufactured by
__________ % manufactured by
__________ % manufactured by
Correct Answer:

Verified
Correct Answer:
Verified
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