During the maturity stage of the product life cycle, profit declines primarily because: multiple choice a) there is fierce price competition among sellers. b) more consumers enter the market seeking bargains. c) promotional expenditures increase. d) production costs increase the more a firm has to manufacture the same product. e) there are fewer and fewer competitors in the market.

Telecom co. enters into a two-year contract with a customer to provide wireless service (voice and data) for $40 per month. to induce customers, telecom co. provides a free phone. telecom co. normally sells the phone on a stand-alone basis for $200. telecom co. also charges the customer a one-time activation fee of $35.which of the following is true? a) there are two distinct performance obligations: the voice service and the data service b) the free phone constitutes as a marketing expense c) the activation fee is a separate performance obligationd) there are two distinct performance obligations: the wireless services and the phone