The market expands, the level of competition rises, the number of clients grows, and sales increase during the growth stage. Price undercutting in the growth stage is typically uncommon because businesses in this stage can boost revenue by luring in new clients.
A product's life cycle consists of four stages, as previously mentioned: introduction, growth, maturity, and decline. However, a product must first undergo design, research, and development. A product can be created, advertised, and released onto the market once it is determined to be practical and potentially profitable.
Consumers have accepted the product on the market and are starting to genuinely buy in during the growth stage. That indicates that both demand and profits are rising, preferably consistently and quickly. The market for the product is expanding during the expansion stage, and competition is starting to emerge.
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Answer:
The correct answer is (D)
Explanation:
The Solow Growth Model is a macroeconomic model of financial development that examine the changes in the output in an economy after some time because of changes in the population, development rate, the investment funds rate, and the speed of advancement due to technological changes. In that regard, Solow growth model determines the allocation of output between investment and consumption.
Trading account determines the amount of net purchase and sales during the accounting period.
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A(n) <u>Private</u><u> </u> corporation is considered closely held with few owners, whereas a(n) <u>public </u>corporation is available to any investor who wants to purchase shares of stock on the stock exchange .
A smaller corporation is referred to as ao private crporation if it only has a few shareholders and doesn't make its stock available to the general public. A public corporation, on the other hand, is permitted to sell its stock to the general public.
What distinguishes a private firm from a public corporation?
A private company is typically owned by its founders, management, or a collection of individual investors. A company that has sold all or a portion of itself to the general public through an initial public offering is referred to as a public company.
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General revenues fund budget is a budget for a nondedicated revenue account that functions as the state's primary operating fund.
A general fund is defined as general purpose and restricted revenues in finance, it is reflected as the major share of the state