An industry with oligopolistic competition faces falling profits and its sales growth is slow. Demand for individual brands has become quite elastic--as consumers see competing products as almost homogeneous. Several firms have dropped out. What is the life cycle stage? a. Market maturity
b. Sales decline
c. Market growth
d. Market introduction
e. Product renewal
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “An industry with oligopolistic competition faces falling profits and its sales growth is slow. Demand for individual brands has become ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Macro, micro, pico, femto and umbrella are all types of what?
Answers (1)
How are the names of brands and labels placed on meat and dairy products in the grocery store misleading?
Answers (1)
Demand pull inflation can be started by A. an increase in the price of oil B. a decrease in the quantity of money. C. an increase in government expenditure. D. a decrease in the money price of resources. E. a decrease in net exports
Answers (1)
You should do all of the following before a job interview except
Answers (2)
When a corporation issues its capital stock in payment for services, the least appropriate basis for recording the transaction is thea. market value of the services received. b. par value of the shares issued. c. market value of the shares issued. d.
Answers (1)
New Questions in Business
A. True b. False: before a computer can execute a program written in a high level language, such as c++, it must be translated into object code.
Answers (1)
the market value of a property is $90,000 and is assessed at 35%. The annual taxes are $1,260. What is the tax rate?
Answers (1)
Someone who likes building, designing, or creating things probably has a (n)
Answers (1)
A company's board of directors votes to declare a cash dividend of $1.65 per share of common stock. The company has 33,000 shares authorized, 28,000 issued, and 27,500 shares outstanding. The total amount of the cash dividend is: Multiple Choice a.
Answers (1)
Clemmens Company applies overhead based on direct labor cost. Estimated overhead and direct labor costs for the year were $112,500 and $125,000, respectively. During the year, actual overhead was $107,400 and actual direct labor cost was $120,000.
Answers (1)