Question: Answer the following: 1. Name and explain with examples THREE stages of the product life cycle? 2. What message does the product life cycle hold

Answer the following:

1. Name and explain with examples THREE stages of the product life cycle?

2. What message does the product life cycle hold for marketers?

3. Based on your understanding of pricing, and pricing strategies, why are apple products generally considered to be more expensive than similar competitor products?

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