As firms introduce new products at a faster rate, what tends to happen to existing products in the product mix?
A. Production costs for existing products tend to go down.
B. Product life cycles become much slower.
C. The price of existing products tends to go up.
D. Existing products enter the maturity and decline stages more slowly.
E. Existing products enter the maturity and decline stages more quickly.
Answer: E
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Answer the following statement true (T) or false (F)
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