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Business, 23.03.2021 02:40 infoneetusinghoyg22o

g Profit margins tend to peak during the growth stage of the Product Life Cycle. This is due to .this being the stage with the most intense competitionthe fact that companies don't spend on advertising in this stagedeclining unit manufacturing costs while prices can remain highthe fact that sales volumes are starting to declineprices tend to be the lowest in this stage

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