Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The FabCab is choosing between two different areas of equal population. The first area is in a downtown area and the second area is in

The FabCab is choosing between two different areas of equal population. The first area is in a downtown area and the second area is in a largely residential area. FabCab decided to go with the second area because there would be a much larger number of customers in the residential area than in the downtown area. FabCab used the geographic variable of geodemographic segmentation market density city size climate
image text in transcribed
image text in transcribed
The FabCab is choosing between two different areas of equal population. The first area is in a downtown area and the second area is in a largely residential area. FabCab decided to go with the second area because there would be a much larger number of customers in the residential area than in the downtown area. FabCab used the geographic variable of geodemographic segmentation market density city size climate Accessory dwelling units, or ADUs, are small structures built on a residential lot as an accessory use to the primary home. They may take the form of above-garage apartments, tiny homes, in-law units, backyard cottages, and more. Accessory dwellings are an old concept that is getting new life thanks to companies like FabCab. FabCab offers two distinct models of accessory homes, each available in small, medium, or large floor plans. Other companies are taking a different approach to ADUs. N2Care designed the MEDCottage, a high-tech unit designed as an alternative to a nursing home. Dubbed the "Granny Pod," the MEDCottage is a mobile medical dwelling equipped with devices that monitor vital signs, cameras and sensors to alert caregivers to falls, defibrillators and first aid supplies, and other safety features. MEDCottage pricing begins at $125,000, but nursing home care can cost upwards of $50,000 a year. To offset some of the price, N2Care will buy back the units when they are no longer needed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Management Accounting And Control

Authors: Don R. Hansen, Maryanne Mowen

2nd Edition

0538864451, 978-0538864459

More Books

Students also viewed these Accounting questions