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Business, 31.03.2020 00:35 shaeelynn3734

An industry's sales have leveled off and profits are declining in oligopolistic competition. Consumers see competing products as "homogeneous." Several firms have dropped out of the industry, but a new one entered recently. Firms in the industry are trying to avoid price-cutting by spending on persuasive advertising. These firms are competing in which stage of the product life cycle

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An industry's sales have leveled off and profits are declining in oligopolistic competition. Consume...
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