The current market demand for paper clips is 320 million and its market development index is 55. calculate the approximate market potential for paper clips.

Question

asked Sep 16, 2018 104k views

1 Answer

← Prev Question Next Question →

Ask a Question

Clem Wang · Answer 1 · 2018-09-21T08:39:04+0000

To calculate for the approximate market potential, we simply have to take the ratio of the current market demand over the market development index in fraction. That is:

market potential = 320 million / 0.55

market potential = 582 million

The current market demand for paper clips is 320 million and its market development index is 55. calculate the approximate market potential for paper clips.

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

No related questions found

Categories

Other Questions