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Business, 16.12.2020 17:40 blackjack73

Consider there are only two computer companies in a country. The companies are named Dude and Imac. Each year, company Dude keeps 1/5th of its customers, while the rest switch to Imac. Each year, Imac keeps 1/3rd of its customers, while the rest switch to Dude. If in 2003, Dude had 1/6th of the market and Imac had 5/6th of the market, what will be share of Dude computers when the market becomes stable

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Consider there are only two computer companies in a country. The companies are named Dude and Imac....
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