Market Share Sales
1. **Calculate the number of users for Chrome, Safari, and Internet Explorer given their market shares.**
- Total market share percentages given: Chrome 34.7%, Internet Explorer 12.5%, Safari 15.2%.
- Assume total number of users is $N$ (not given explicitly, so we express answers in terms of $N$).
Number of users for each browser:
- Chrome users = $0.347 \times N$
- Internet Explorer users = $0.125 \times N$
- Safari users = $0.152 \times N$
2. **Calculate Maid Marian's Medieval Cuisine Ltd's sales for two years given market size and growth.**
- Initial market size = 450 million
- Maid Marian's market share = 7% = 0.07
- Market growth forecast = 6% = 0.06
**Year 1 sales:**
$$\text{Sales}_1 = 450 \times 0.07 = 31.5$$ million
**Year 2 market size:**
$$450 \times (1 + 0.06) = 450 \times 1.06 = 477$$ million
**Year 2 sales:**
$$\text{Sales}_2 = 477 \times 0.07 = 33.39$$ million
**Final answers:**
- Chrome users: $0.347N$
- Internet Explorer users: $0.125N$
- Safari users: $0.152N$
- Maid Marian's sales year 1: 31.5 million
- Maid Marian's sales year 2: 33.39 million