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During which stage of the product life cycle do sales and profits gradually increase before seeing more dramatic increases?
Sales and profits gradually increase during the growth stage of the product life cycle. In this phase, the product gains acceptance in the market, leading to rising sales as more consumers become aware of and purchase the product. As demand continues to grow, companies often see more significant increases in both sales and profits, particularly as production costs decrease and marketing efforts yield results.
What else can I help you with?
How does advertising of a product increase it's price in the market?
Advertising increases awareness, which in turn increases demand, which then makes the product more desirable/harder to get, which then increases the amount that the provider can charge for the product, thus increasing the price that they ask for it. The cost of advertising must be added to the price of the product. The larger, more expensive the advertising campaign, the more cost must be added to the price of the product.
How does advertising affect the sell of a product?
Advertising increases product sales. When more people see advertisements, more people are inclined to try the product and become loyal to the brand.
The goal of advertising?
To increase sales and company/product awareness.
When stores put products on sale they are seeking to?
Increase demand for the product
What is the goal of promotion?
Product recognition to increase sales that will results to more profits.
What will happen when the demand for a product increases according to Adam Smith?
Supply increases.
When a reaction is catalysed by a positive catalyst then product increase or not?
Yes, the product increases because positive catalysts increase the rate of the reaction.
What increases when current increases?
If current increases, then voltage also has to increase, assuming that resistance stay relatively the same. Power will also increase. Since power is the product of voltage and current, then the power increase would be the square of the voltage or current change.
Why does per capita income increases if population remains the same?
Per ca-pita income will increase if the Gross Domestic Product (GDP) increases.
When mass increases what happens does momentum?
If mass increases, momentum will also increase, assuming velocity remains constant. Momentum is the product of mass and velocity, so an increase in mass would lead to a proportional increase in momentum with a constant velocity.
What increases as force increases?
F=ma, or force equals the product of mass and acceleration. Assuming that the mass of the object does not change, then acceleration increases as force increases.
How does advertising of a product increase it's price in the market?
Advertising increases awareness, which in turn increases demand, which then makes the product more desirable/harder to get, which then increases the amount that the provider can charge for the product, thus increasing the price that they ask for it. The cost of advertising must be added to the price of the product. The larger, more expensive the advertising campaign, the more cost must be added to the price of the product.
Umeployement increase when real GDP increases or real GDP decreases or output increases?
Unemployment causes GDP to decrease. GDP means gross domestic product. If there are no employees to create a product, the GDP goes down.
How would suppliers react to a price increase for a product?
Suppliers supply more of the goods as and when prices of that commodity increases.
What will increase an asset and increase owners equity?
The recording of a profitable transaction will increase an asset and increase owners equity such as the sale of a product: Either Cash or Accounts Receivable would increase; and Current Profit increases (which is included in owners equity).
What will be the result when Velocity of a wave increases and the wavelength stays the same?
If the velocity of a wave increases while the wavelength stays the same, the frequency of the wave will also increase. This is because the speed of a wave is determined by the product of its frequency and wavelength. Therefore, if the speed increases and the wavelength remains constant, the frequency must also increase.
When an object speeds up it gains momentum true or false?
True. When an object speeds up, its velocity increases, and therefore its momentum also increases. Momentum is the product of an object's mass and its velocity, so an increase in velocity results in an increase in momentum.
