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Write a Short Note on the Expert Opinion Method of Demand

question 4

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Write a short note on the expert opinion method of demand forecasting.


Definitions:

Wavelength

The distance from one wave peak to the next; the energy of electromagnetic radiation is inversely proportional to its wavelength.

Photosynthesis

The method through which green plants and certain other organisms utilize sunlight to create nutrients from carbon dioxide and water.

ATP and NADPH

Adenosine triphosphate (ATP) and Nicotinamide adenine dinucleotide phosphate (NADPH) are crucial molecules in cellular energy transfer and photosynthesis, serving as energy currency and reducing power, respectively.

Light-dependent Phase

The first stage of photosynthesis where sunlight is absorbed and used to produce energy carriers ATP and NADPH.

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