Find 2 for Problem 15 24 Information from 15 24 for finding Find ((2) for Problem 15-24. Information

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Find 2 for Problem 15 24 Information from 15 24 for finding

Find ((2) for Problem 15-24.

Information from 15-24 for finding ((2)
Store 1 currently has 40% of the market; store 2 currently has 60% of the market.
In each period, store 1 customers have an 80% chance of returning; 20% of switching to store 2.
In each period, store 2 customers have a 90% chance of returning; 10% of switching to store 1.

Find 2 for Problem 15 24 Information from 15 24 for finding

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