As a product enters the growth stage, prices generally begin to stabilize. One reason for this is that:

As a product enters the growth stage, prices generally begin to stabilize. One reason for this is that:


a. the product has begun to appeal to a broader market.
b. most competitors have been eliminated from the market.
c. manufacturers hope to recover their development costs quickly.
d. the available supply decreases.
e. All of the above are correct.


ANSWER: a


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