Mathematics, 01.02.2021 23:20 Jeileenrojas
. (a) Suppose brands A and B have consumer loyalties of .7 and .8, meaning that a customer who buys A one week will with probability .7 buy it again the next week, or try the other brand with .3. What is the limiting market share for each of these products
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. (a) Suppose brands A and B have consumer loyalties of .7 and .8, meaning that a customer who buys...
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