Why is it important to estimate the demand for your new products or services?
A) helps you to avoid underproduction
B) helps to project future costs in business based on economies of scale
C) helps to determine payback on your investment
D) all of the above are important

Question

Quizplus · Accepted Answer

Estimating demand is crucial as it helps in avoiding underproduction, projecting future costs by understanding economies of scale, and determining the payback period on investments, making all the options important.

Why Is It Important to Estimate the Demand for Your