Competition becomes more aggressive during the decline stage of a product's life cycle, with
declining prices and profits.

Name: Competition becomes more aggressive during the decline stage of a product's life cycle, with declining prices and profits.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

During the decline stage of a product's life cycle, many competitors often exit the market due to decreasing demand and profits, leading to less competition rather than more aggressive competition.

Competition Becomes More Aggressive During the Decline Stage of a Product's