During the growth stage of the product life cycle:
A. there is little emphasis on the distribution strategy
B. demand for the product is limited to high-income consumers
C. prices increase due to economies of scale
D. there is decreased direct competition
E. profits peak
Answer: E
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Ria, a college sophomore, writes a daily blog that typically has over 50,000 readers each week. Ria is an example of a microcelebrity
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