Question

Which of the following statements is the BEST example of market potential for a manufacturer of metal detection systems?

1) The market potential for metal detection systems for use in public schools in New York City is 12,000 units
2) The market potential for metal detection systems for the transportation industry in the year 2002 is $92,000,000
3) The market potential for metal detection systems for the use in airports in Southwestern U.S. in the year 2003 is 125 units
4) The market potential for metal detection systems for all industrial uses is $1.3 billion for the U.S. market during the upcoming twelve months
5) The market potential for metal detection systems that fit on the conveyor belts used by food processing companies is more than $16 million

Answer 1

Option 4, which states that the market potential for metal detection systems for all industrial uses is $1.3 billion for the U.S. market during the upcoming twelve months, is the best example of market potential for a manufacturer of metal detection systems.

Step-by-step explanation:

The BEST example of market potential for a manufacturer of metal detection systems is option 4, which states that the market potential for metal detection systems for all industrial uses is $1.3 billion for the U.S. market during the upcoming twelve months.