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What Are the Advantages and Disadvantages of Prototyping? Describe the Steps

question 45

Essay

What are the advantages and disadvantages of prototyping? Describe the steps in prototyping.Give at least two circumstances under which prototyping might be useful.


Definitions:

Aggregate Production

The total output of goods and services produced by an economy over a specified period.

Aggregate Production

The total output of goods and services produced by an economy over a given period.

Aggregate Purchases

The total amount spent on goods and services within an economy at a given period of time.

Unintended Inventory Investment

Occurs when a business accumulates inventory beyond its planned level, often due to lower than expected sales.

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