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Mathematics
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OpenStudy (anonymous):
consumers in a certain state can choose between three long distance telephone services: GTT,NCJ, and DASH. Aggressive marketing by all three companies results in continual shift of costumers among the three services. Each year, GTT loses 20% of its customer to NCJ and 10% to DASH, NCJ loses 30% of its customer to GTT and 25% to DASH, and DASH loses 25% of its customer to GTT and 20% to NCJ. Assuming these percentages remain valid over a long period of time, what is each company's expected market share in the long run? GTT's expected market share is? NCJ's expected market share is? Dash's?
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