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Business, 05.12.2019 00:31 christinasmith9633

During the maturity stage of the product life cycle, profit declines primarily because: multiple choice a) there is fierce price competition among sellers. b) more consumers enter the market seeking bargains. c) promotional expenditures increase. d) production costs increase the more a firm has to manufacture the same product. e) there are fewer and fewer competitors in the market.

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