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Firm A introduced a product several years ago. Currently, Firm A is experiencing high demand for the product. Its profits are rising, and the firm has shifted its production process to another country. However, its competitor, Firm B, has introduced a similar product in the market at a lower price. In which phase of the product life cycle is Firm A?

A. introduction
B. growth
C. maturity
D. decline


50 POINTS

Sagot :

Answer:

growth

Explanation:

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