Reference no: EM132908045
Problem 1: Your assignment is to determine the demand for a proposed residential subdivision of 50 lots on the outskirts of your city. Which of the following correctly lists the steps in carrying out a six-step market analysis?
(1) Property production analysis, demographic analysis, demand analysis and forecast, competitive supply analysis and forecast, supply and demand study, capture estimation
(2) Property productivity analysis, market delineation, demand analysis and forecast, competitive supply analysis and forecast, supply and demand study, capture estimation
(3) Property productivity analysis, market delineation, demand analysis and forecast, competitive supply analysis and forecast, application of the principle of surplus productivity, capture estimation
(4) Property productivity analysis, market trading area, long range economic forecast and analysis, competitive supply analysis and forecast, supply and demand study, capture estimation