Solved: Why is knowing the product demand so crucial for a firm, Microeconomics

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Why is knowing the product demand so crucial for a firm

Discussion Post: Product Demand Importance to a Firm

Why is knowing (or estimating) the product demand so crucial for a firm?

Response must include an example of a business that has suffered from poorly estimating the demand of its products. Evaluate how or why the business made such a mistake.

The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.

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Microeconomics: Why is knowing the product demand so crucial for a firm

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