Question

Which of the following statistics would most likely produce a market of steady customers?

A population of 9,000 and an annual turnover rate of 50%
A population of 1,000 and an annual turnover rate of 12%
A population of 5,000 and an annual turnover rate of 15%
A population of 15,000 and an annual turnover rate of 9%

Answer 1

A population of 9,000 and an annual turnover rate of 50%

Answer: The correct option is the first option.

Step-by-step explanation:

The first option gives us the number of customers that are present about 9,000 and since the annual turnover is about 50 percent. Hence the more number of customers are able to afford the products that are around 4500 people able to buy the stuff in the market.

Hence this suggest that this is a more steady Market of the place where even a certain percentage drop would not affect much of the product flow.