w History People Window Help Seach Connect xQreal estate 2 F

w History People Window Help Seach Connect xQreal estate 2 Flashcards /Qui: C Secure Help Save & Exit Submit Homework 2-Chapters 5 to 8 MC Qu. 30 Using the following information, determine the... Using the following Information, determine the location quotient for Springfield: employment in aerospace products within Springfield: 30044, total employment in Springfield:208,054; employment in serospace products (nationally): 474,905 total employment (nationally): 106,201,232. Multiple Choice 12.30 15.70 32 29 0.03

Solution

Total senior households = 25,000

Seniors employed part time = 2,500

Seniors retired/Not in assisted living = 12,000

Hence, total of seniors employed part time and seniors retired/Not is assisted living = 2,500 + 12,000

= 14,500

Core market share which the development project is targeting = 14,500/25,000

= 58%

Hence, correct option is (b)