Examlex
Underestimating the sales in your forecast could have which of the following effects on the firm?
Demand Schedule
A table showing the quantity of a good or service that consumers are willing and able to purchase at various prices over a specified period.
Short-Run Cost
Expenses that a firm faces in the short term, typically involving costs that vary with the level of output.
Product Promotion
The activities undertaken by a business to make its products or services known to potential customers and persuade them to buy.
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