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kolbaska11 [484]
3 years ago
5

Suppose that you were interested in building a luxury apartment complex in your hometown. In your analysis of local demographics

, you discover that the target market makes up only 5% (core market share) of the households that currently rent (or would be interested in renting) in this town. If market experts believe that a total of 5,000 apartment units will be rented in your entire hometown within the next year, what is the projected number of units the developer could expect to lease in year 1 if he is able to capture 20% of the market potential
Business
1 answer:
olga_2 [115]3 years ago
4 0

Answer:

The projected number of units the developer could expect to lease in year 1 if he is able to capture 20% of the market potential is:

= 1,000 apartment units.

Explanation:

a) Data and Calculations:

The percentage of households that currently rent in the town = 5%

Demographic of households in the town = 100,000 (5,000/5%)

Number of apartment units established by market experts to be rented in the entire hometown within the next year = 5,000 (5% of 100,000)

20% of the market potential = 1,000 (5,000 * 20%)

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Answer:A. The lack of incentive voters have to become well-informed about candidates and issues because their vote is unlikely to affect the outcome of an election.

Explanation: Rational ignorance is a term used to describe the intentional decline or refusal by a person or group of persons to gain certain knowledge,mainly after considering the cost and benefits attached to gaining that knowledge.

When people choose not to learn a particular trade,subject etc after comparing the costs to the potential gains.

RATIONAL IGNORANCE IS ALSO CONCERNED WITH THE DECISION OF VOTERS WHEN MAKING CHOICE OF NOT PARTAKING IN AN ELECTION BECAUSE THEY BELIEVE THAT THEIR VOTES DO NOT COUNT OR HAVE EFFECTS ON THE FINAL OUTCOMES ETC.

5 0
3 years ago
If Clancy's boss is interested in a graphical representation of the relationship between the price and quantity of televisions d
Anna35 [415]

Answer:

A demand schedule

Explanation:

A demand schedule is a table that shows how the quantity demanded varies with changes in prices. It is a table that explains the relationship between the price of a product or service and its demand. A demand schedule provides the same information as the demand curve. The only difference is that the demand curve uses graphical representation, while the demand schedule uses the table format.

Clancy should, therefore, prepare the demand schedule for her boss. It will give the same information regarding the relationship between price of televisions and the quantity demanded.

6 0
3 years ago
Funds acquired by the firm through retaining earnings have no cost because there are no dividend or interest payments associated
kow [346]

Answer:

False

Explanation:

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8 0
3 years ago
Read 2 more answers
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Nimfa-mama [501]

Answer:

(a) (i) Define the term "Green Revolution" as used during the period 1945 to 1985.

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(ii) Explain the principal agricultural practices/technologies associated with the green revolution.

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(iii) Name TWO regions, in different parts of the world, where the green revolution has had a significant impact on crop yields.

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(b) Identify and discuss TWO social, political, or cultural conditions necessary for the success of the agricultural practices/technologies of the green revolution.

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Your website has four pages of products your company sells. How can you tell search engines they are part of the same content, a
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If you want search engines to tell that the pages are all related, then you should use a c. Use a rel next attribute.

<h3>What is a rel next attribute?</h3>

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It is primarily used for search engines to be able to pick up relations between pages. These attributes can be shown as  rel="next" and rel="prev".

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Find out more on using the rel next attribute at brainly.com/question/20336779.

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