Answered

At Westonci.ca, we make it easy for you to get the answers you need from a community of knowledgeable individuals. Explore thousands of questions and answers from knowledgeable experts in various fields on our Q&A platform. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

A team of analysts at Amazon is researching the viability of producing a smart watch. How might they estimate potential demand for their smart watch

Sagot :

Solution :

It is given that an analyst team at Amazon is researching the feasibility and the viability of manufacturing a smart watch.

The analyst team must carry out few steps in order to estimate the potential demand for the smart watch. They should begin with customer survey to know for the demand of the watch. Then the team find the total quantity of the product that is demanded by the customers, the third step is to scale the quantities demanded by the survey respondents. The final step is the team should plot and make the demand curve for the watch in the market.

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.