In a product’s life cycle, the first symptom of the decline stage is a decline in the:
A. Firm’s inventory levels.
B. Product’s sales.
C. Product’s production cost.
D. Product’s prices.
Answer:B
In a product’s life cycle, the first symptom of the decline stage is a decline in the:
A. Firm’s inventory levels. B. Product’s sales. C. Product’s production cost. D. Product’s prices.