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Question : A small town has 50,000 households with demand for 3,000 smoke detectors per year. A smoke detector is expected to last only 5

Question: A small town has 50,000 households with demand for 3,000 smoke detectors per year. A smoke detector is expected to last only 5 years and there should be 3 per household. What's the MDI?

Note:

MDI: Market Development Index

MDI=Market Size/ Market Potential

Please solve clearly

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