The 2010 and 2012 market share data of the three competitors (Alston,Baren,and Clemson)in an oligopolistic industry are presented in the following pie charts. Which of the following may be a false statement?
A) Sales revenues declined at Clemson.
B) Only Clemson lost market share.
C) Alston gained market share.
D) Baren gained market share.
E) Both Alston and Baren gained market share

Question

The 2010 and 2012 market share data of the three competitors (Alston,Baren,and Clemson)in an oligopolistic industry are presented in the following pie charts.   Which of the following may be a false statement?
A) Sales revenues declined at Clemson. 
B) Only Clemson lost market share. 
C) Alston gained market share. 
D) Baren gained market share. 
E) Both Alston and Baren gained market share

Quizplus · Accepted Answer

We cannot determine changes in sales revenue from the given data, so statement A cannot be verified. However, we can see that Clemson's market share decreased from 30% to 20%, while both Alston and Baren's market shares increased slightly. Therefore, statements B, C, D, and E are all true.

The 2010 and 2012 Market Share Data of the Three