To estimate the product of \(43 \times 108\), we can round each number to make the multiplication simpler.
- Round \(43\) to \(40\) (a nearby multiple of \(10\)).
- Round \(108\) to \(110\) (a nearby multiple of \(10\)).
Now, we can calculate the estimated product:
\[ 40 \times 110 = 4400 \]
Next, let's calculate the actual product to see if our estimate is an overestimate or an underestimate:
\[ 43 \times 108 = 4644 \]
Now, we compare the estimated product (4400) with the actual product (4644):
- Our estimate of \(4400\) is less than the actual product \(4644\), which means our estimate is an underestimate.
Final Answer: Estimated product is \(4400\) and it is an underestimate.