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The industry for bird baths includes 5000 users with a current market with a buying ceiling is 50% and a purchase rate of 40%.
The industry for bird baths includes 5000 users with a current market with a buying ceiling is 50% and a purchase rate of 40%. And the average price per cage is $50. Since customers only buy one bird bath at a time and there is a market demand of 30,000, what is the Market Development Index?
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The Market Development Index MDI is a measure of how well a market has been developed It is calculat...
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Management Accounting
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey
4th Edition
0730369382, 978-0730369387
