A pie chart represents the market share percentages of five competitors (A, B, C, D, E) in a specific industry. Competitor A holds 30%, B holds 25%, C holds 20%, D holds 15%, and E holds 10%. If Competitor E acquires Competitor C, what would be the combined market share of the new entity, and what would be the remaining market share for the other competitors (A, B, D) combined?
✓ Correct Answer: Option A
The new entity (E+C) would have 10% + 20% = 30% market share. The remaining competitors (A+B+D) would have 30% + 25% + 15% = 70% market share.