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Usimov [2.4K]
3 years ago
9

The sales and profits of an individual product may not follow the life cycle pattern.A. TrueB. False

Business
1 answer:
Nat2105 [25]3 years ago
8 0

Answer:

A. True

Explanation:

The product life cycle is a term that describes a form of structure or arrangement of sales and profits of a product in a given time.

However, due to volatile marketing conditions, it is TRUE, that the sales and profits of an individual product may or may not follow the life cycle of the general pattern.

Hence, the correct answer in this situations is absolutely TRUE

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Music compact discs are normal goods. What will happen to the equilibrium price and quantity of music compact discs if musicians
gulaghasi [49]

Answer:

Quantity will rise, and the effect on price is ambiguous.

Explanation:

Music compact discs are normal goods. There is a positive relationship between the demand for the normal goods and the income of the consumers.                                                              

If the compact disc players become cheaper to produce then as a result all the producers start producing music compact discs and this will increase the supply of music compact disc. This will shift the supply curve rightwards.

And if the income of the music lovers increases then as a result the demand for music compact discs increases. This will shift the demand curve rightwards.

Therefore, these changes will increase the equilibrium quantity and the impact on equilibrium price is ambiguous because that will be dependent upon the magnitude of the shift of supply and demand curve.

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3 years ago
| 50 POINTS | If The Oil Prices Around The World Rise , What Will Happen To The Oil Production In Texas?
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The oil will increase in texas
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The expected average rate of return for a proposed investment of $650,000 in a fixed asset, with a useful life of 4 years, strai
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Which pricing policy is probably "best" for a profit-oriented, low-cost producer who is introducing a new product into a market
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Firms typically do this when offering a new product to take away some of the market shares of competitors by lowering the price of their products. 
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A resume is the most common and straightforward.
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If you are looking for a true or false, This is true.

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