Question: Suppose a developer is interested in building a new residential subdivision. Through his market research, the developer has determined that the target market segment potential
Suppose a developer is interested in building a new residential subdivision. Through his market research, the developer has determined that the target market segment potential in year 1 consists of 200 households. If the developer projects that he will be able to sell 35 homes in the first year, what is his assumed capture rate?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
