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Westkost [7]
4 years ago
11

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

t potential for paper clips.
Business
1 answer:
Rina8888 [55]4 years ago
8 0

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

<span>market potential = 582 million</span>

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