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Essay's paper info
| Topic: |
Business
|
| Number of pages / Number of words: |
6 / 1593 |
Essay's paper body
The market is approaching saturation and thus prices and profits start to decline. The first competitors begin to drop out of the market.
The last stage, the decline, begins with a long-run drop in sales and falling demand forces many competitors out of the market. Only a few maybe specialized companies still manufacture the product...
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Only a few maybe specialized companies still manufacture the product.
Life cycles and consumers:
Foil 3:
Next, I’m going to present the different kinds of consumers that occur in the stages of the life cycle.
As you can see, the first consumers who buy a new product are called innovators. They are described as venturesome, higher educated, eager to try new ideas and products, they have higher incomes and they use multiple information sources...
Essay fragment
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