Cargill, inc. is finally earning a profit on the unique product it introduced six months ago. cargill's advertising is both informative and persuasive. much money is being spent on place development. there is little price competition, although several competitors have come out with reasonable imitations. total industry sales and profits are both rising. in which stage of the product life cycle is cargill operating

Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.