Economy, asked by Moren, 1 year ago

A client wants to know the total addressable market for mattress sales in New York City. Without calculating the actual number, which type of statement below would best satisfy the client’s request?
The total addressable market is $540 million annually.
The total addressable market is everyone who needs to replace or buy new bedroom furniture.
The total addressable market is 1.1 million bed frames.
The total addressable market is $500 per mattress.

Answers

Answered by writersparadise
14

The total addressable market is “everyone who needs to replace or buy new bedroom furniture.” For this you should know the number of people who need to buy or replace bedroom furniture.  This is not directly given but given as  540$ million people so, you can use the first one for calculation.

Answered by Anonymous
0

plz refer pic

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