Bob Thinks That a New RV Business in His Area

question 9

Essay

Bob thinks that a new RV business in his area would not face much local competition.How does he size the market? Include formulas in your answer.

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Definitions:

ESP

Extrasensory perception, the ability to gain information about an object, person, location, or physical event through means other than the known human senses.

Phantom Limb

A phenomenon in which individuals experience sensations, including pain, in a limb that has been amputated.

Clairvoyance

The supposed ability to gain information about an object, person, location, or physical event through extrasensory perception.

Psychokinesis

The purported psychic ability to move or manipulate objects with the mind without physical interaction, widely regarded as pseudoscience.