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Let's say you are examining the viability of a new housing development project in Tucson. Let's assume that the market share of your core market

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Let's say you are examining the viability of a new housing development project in Tucson. Let's assume that the market share of your core market segment is 12.5%, relative to all owner-occupant households in Tucson. Before any sort of market research, the target sales of a real estate developer are 45 units in year 1,50 units in year 2, and 40 units in year 3 . Let's assume a capture rate of 15%. You follow the information provided by a local real estate market expert and assume that the total estimated housing sales in Tucson are 1,000 units in year 1, 1,500 units in year 2, and 1,300 units in year 3. Please answer the question 1) whether a real estate developer should proceed with this project or not, and 2) what the correct projects sales of this property are each year for the next 3 years. A) No, 16 units in year 1, 23 units in year 2, and 20 units in year 3 . B) No, 19 units in year 1,28 units in year 2, and 24 units in year 3 . C) Yes, 125 units in year 1,188 units in year 2, and 163 units in year 3. D) Yes, 150 units in year 1,225 units in year 2 , and 195 units in year 3. E) Yes, 19 units in year 1,28 units in year 2, and 24 units in year 3. Let's say you are examining the viability of a new housing development project in Tucson. Let's assume that the market share of your core market segment is 12.5%, relative to all owner-occupant households in Tucson. Before any sort of market research, the target sales of a real estate developer are 45 units in year 1,50 units in year 2, and 40 units in year 3 . Let's assume a capture rate of 15%. You follow the information provided by a local real estate market expert and assume that the total estimated housing sales in Tucson are 1,000 units in year 1, 1,500 units in year 2, and 1,300 units in year 3. Please answer the question 1) whether a real estate developer should proceed with this project or not, and 2) what the correct projects sales of this property are each year for the next 3 years. A) No, 16 units in year 1, 23 units in year 2, and 20 units in year 3 . B) No, 19 units in year 1,28 units in year 2, and 24 units in year 3 . C) Yes, 125 units in year 1,188 units in year 2, and 163 units in year 3. D) Yes, 150 units in year 1,225 units in year 2 , and 195 units in year 3. E) Yes, 19 units in year 1,28 units in year 2, and 24 units in year 3

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