True, A lot of estimates go into the final calculation to determine market size, and each component needs to be as precise as possible. Otherwise, the errors in the estimation get compounded.
What does market size actually mean?
- The total number of prospective customers for a good or service inside a certain market, along with the potential revenue from those sales, make up the "market size."
- For a number of reasons, it's critical to determine and comprehend market size.
What is an example of market size?
- For instance, a shoe company might find 100,000 people who are interested in its product, but data on income and accessibility reveals that only half of them have the resources to make a purchase.
- The market that is open in that situation has 50,000 potential customers.
Learn more about market size
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Answer:
B. The amount of equity reported by Frankfort Corporation is $672,000
Explanation:
Equity earnings
= Frankfort's share in net income of Bradley
= 1,680,000 * 40%
= 672,000
Option B
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When you're in middle school or younger, so you can save up money for college, a car, or whatever you need.
Answer:
The people in an economy have $25 million in money. There is only one bank where they deposit their money and it holds 10% of the deposits as reserves. What is the money multiplier in this economy?
D. 10
Explanation:
10% of $25, 000, 000= $2,500,000
Money multiplier in this economy is by 10
Answer:There are numerous answers to this question but the smart and safe thing to do is if you have money drive to a hotel if you don't I would sell thtruck as a last result
Explanation:
