In the Elysian Forest Example, the Planned Unit Development Was

question 32

Multiple Choice

In the Elysian Forest example, the planned unit development was destined to be an unsuccessful venture from its inception because:

• A) There was a comparable project in the community that was successful.
• B) The site and location of the project was atypical of the area as there were significant disadvantages in terms of location and visual appeal.
• C) The target market was a nontraditional segment that relied heavily on a small portion of the local University City population.
• D) University City was a big, high density city that could not support such development.

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Definitions:

Scenario Analysis

A method of examining potential future scenarios by evaluating different possible results.

Sales Quantity

The total number of units of a product sold in a particular period of time.

Costs Per Unit

The total expense incurred to produce, store, and sell one unit of a product, including direct and indirect costs.

Contribution Margin

The surplus of sales revenue over the variable production costs, showing how much revenue aids in covering fixed expenses and producing profit.