hard · GMAT Verbal
Company Alpha's market share in the logistics sector decreased from 25% to 20%, yet its total annual revenue increased by 15%.
Which of the following, if true, best explains this apparent discrepancy?
- The company's primary competitor went bankrupt and exited the market.
- Company Alpha's customer satisfaction scores improved over the same period.
- The company reduced its operating costs by 10% to improve profit margins.
- Company Alpha increased the price of its premium services by 5%.
- The total market for logistics services grew so much that a smaller share still represented more absolute revenue.
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