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Author Question: In which stage(s) of the product life cycle are price wars likely to break out? (Read 80 times)

pane00

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Question 1

If there are low entry barriers in an industry, what type of market structure is an industry likely to become during the growth stage of the product life cycle?
◦ Monopolistically competition
◦ Perfectly competition
◦ Oligopoly
◦ Monopoly

Question 2

In which stage(s) of the product life cycle are price wars likely to break out?
◦ Maturity and decline
◦ Decline only
◦ Launch
◦ Growth


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Marked as best answer by pane00 on May 25, 2020

sierramartinez

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pane00

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)


jojobee318

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Reply 3 on: Yesterday
Wow, this really help

 

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