Question: I have to write a 200-word answer to the question. i also need 2 citations Context: My business idea is a new form of automobile

I have to write a 200-word answer to the question. i also need 2 citations

Context: My business idea is a new form of automobile jack that is cheaper, easier to use, and much smaller than competitors.

For your business idea, what is the life cycle stage of your industry, and the existing industry structure?

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