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Business economics

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Question 4

Using data from Figure 1, calculate the combined market share for LocalStop and ValueMart after a successful merger.

Figure 1: UK Grocery Market % Market Share (by revenue)

![A horizontal bar chart showing grocery retail percentage market share. From smallest to largest: Pioneer Grocery 3.2%, OrganicWay 4.8%, DailyFresh 6.5%, LocalStop 7.9%, ValueMart 11.2%, Others 11.4%, GreenFields 14.5%, Apex Retail 18.2%, MegaFoods 22.3%.] Eleanor grocery data.

Grocery Retailer% Market Share (by revenue)
Pioneer Grocery3.2%
OrganicWay4.8%
DailyFresh6.5%
LocalStop7.9%
ValueMart11.2%
Others11.4%
GreenFields14.5%
Apex Retail18.2%
MegaFoods22.3%
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Business economics Questions

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