Question: You are doing an analysis to determine the likely quantity demanded for your specific condominiums once they are built. You know that your core market

You are doing an analysis to determine the likely quantity demanded for your specific condominiums once they are built. You know that your core market share is 10% of folks who currently rent condominiums in the area and you estimate you will be able to capture 25% of the market potential. City forecasters have indicated there will be about 2,000 new condominiums rented in the next year.

How many would you be likely to rent?

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