Apparently the answer is B however after looking at the question i placed D during the test. If market share decreases and car sales do not decrease to 6million, it is obvious that the total car market increased. Whereas, if yourmarket share increases to 12% and your sales goes up in an equal ratio, then the market hasnt increased at all. Sorry for the ineligible writing, GUYS DID YOU PUT 19 D or 19 B??
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Business studies question 19 2012 HSC test (1 Viewer)
- Thread starter aleks9797
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hazza1424
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B
SandyS1995
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B
If i get this wrong, i will complain to the board of studies for they made a question which is absolutely shit and when looked at for more than a second came be worked out logically it is D. Guys if you own 10% of 100$ (so you have 10$) and you increase to 12% getting (12$ owning). This means the total market hasn't increased at all and infact, you just gained a greater proportion of the market. Therefore it cannot be B. And if you go through the other 2 it becomes apparent that it must be D. So logically and using some brain it cannot be B and therefore is most likely D.
My bad, i was looking at country D will looking at the answer for D. However this just means that none of the choices are right as B was never right to start with. If the bos says its B i will complain so much as they are penalizing logical thinking. That shit aint on.
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B
It cannot be B. The total car market never changes.
In Country A (2010), the sales were $10mil with 10% market share. Meaning the market is worth $100mil.
In Country A (2011), the sales were $12mil with 12% market share. Meaning 1% = $1mil, therefore 100% = $100mil
No change in market value means B is impossible.
D satisfys both the requirements.
Logic Wins!
In Country A (2010), the sales were $10mil with 10% market share. Meaning the market is worth $100mil.
In Country A (2011), the sales were $12mil with 12% market share. Meaning 1% = $1mil, therefore 100% = $100mil
No change in market value means B is impossible.
D satisfys both the requirements.
Logic Wins!
Yeah this. I put B but I realise why I was wrong now.