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Levart [38]
3 years ago
10

In the _____ stage of the product life cycle, competition intensifies and profits diminish. Companies increase their promotional

efforts but emphasize selective demand.
Business
1 answer:
Nadusha1986 [10]3 years ago
6 0

Answer: maturity

Explanation:

The product life cycle is the time used by a product from the day the product is introduced into the market till the day it's withdrawn. The four stages of the product life cycle are the introduction stage, the growth, the maturity stage and finally the decline stage.

In the maturity stage of the product life cycle, competition intensifies and profits diminish. Companies increase their promotional efforts but emphasize selective demand.

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Method A assumes simple interest over final fractional periods, while Method B assumes simple discount over final fractional per
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