Question: Suppose a developer is interested in building a new subdivision of single-family homes. Through her market research, the developer has determined that the target market
Suppose a developer is interested in building a new subdivision of single-family homes. Through her market research, the developer has determined that the target market segment potential in year 1 consists of 176 households. If the developer projects that she will be able to sell 44 homes in the first year, what is her assumed capture rate?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
