Cost savings may be ________________ such as lower prices paid, or ______________ such as increased efficiencies or improved productivity.

The long run is a period of time, or a time frame, in which        all resources are fixed.        the level of output is fixed.        the amount of all resources can be varied.        the capacity of the production plant is fixed.

Product Life Cycle Dollars 0 Introduction Growth Maturity Time Consumers have stopped buying the product. Price has been affected because competition has entered. Sales have peaked. The company is starting to innovate. Decline As you look at the Product Life Cycle shown above, you notice that the space between sales and profits starts to widen in the Growth phase. Why? (Choose all responses that apply.) Sales Profits

Subject - account  Please help me.  Thankyou.