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 single largest and most aggressive direct competitor abruptly went bankrupt and then exited the market entirely.
- Company Alpha's independently measured customer satisfaction scores improved steadily over this same reporting period.
- The company deliberately cut its total operating costs by roughly 10% to improve its overall profit margins.
- Company Alpha modestly raised the listed retail price of its premium delivery services by about 5% this year.
- The total market for logistics services grew so much that a smaller share still represented more absolute revenue.
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