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A team of analysts at Amazon is researching the viability of producing a smart watch. How might they estimate potential oo demand for their smart
A team of analysts at Amazon is researching the viability of producing a smart watch. How might they estimate potential oo demand for their smart watch?
a Consider the fourstep process that many companies follow to estimate the market demand curve for their product. Place the steps in order, with the first step in the highest position and the last step in the lowest position.
First step
Last step
Answer Bank
survey customers
scale up the quantities demanded by the survey respondents
add up the total quantity demanded by the customers at each price point
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