Profits decline during the _______ stage of the product life ...

[Chelseaamend]

Profits decline during the _______ stage of the product life cycle because:
 A) maturity; consumers' needs change.
  B) growth; consumers are not aware of the product yet.
  C) growth; competitors lower prices.
  D) maturity; new products or technology have replaced the product.
  E) maturity; competitors are leaving the market.

Question 2

An organization of nations formed to promote the free movement of resources and products among its members and to create common economic policies is called a(n):
 A) economic community.
  B) embargo.
  C) common market.
  D) international alliance.
  E) none of the choices are correct.

[ergserg]

Answer to Question 1

C

Answer to Question 2

A

[Chelseaamend]

YES! Correct, THANKS for helping me on my review

[alvinum]

Thanks for the timely response, appreciate it