Answer:
The total sales of a product, by all competitors in the industry, is:____
e. lowest in the market introduction stage.
Explanation:
The product life cycle refers to the time period when a product is first introduced to a market until it exits the market. There are four main stages in a product life cycle. They include introduction, growth, maturity, and decline. It is during the introduction phase that the total sales are lowest. The low sales are witnessed again during the latter stage of decline. The highest sales are achieved during the maturity stage.
My head hurts reading this...
A) strategic
B) tactical
C) operational
D) short-term
E) none of the above
its b tactical
The answer to this question is Equilibrium price
The equilibrium price most commonly indicate the price level where both sellers and buyers feel satisfied.
In this level, the buyers will get the maximum value from the products while the sellers still maintaining a sustainable level of profit to continue their business.
