Question: The product life cycle model is a model that describes the evolution of households buying a particular product is a model that describes different stages

The product life cycle model is a model that

The product life cycle model is a model that describes the evolution of households buying a particular product is a model that describes different stages a product goes through from when it is first introduced to the market to when it disappears from the market is a model that describes how consumer decision making changes from the time a product is launched to when it becomes available to everyone is a model that describes the steps in the product innovation process that a new product needs to go through before it can be launched is a model used to track how different types of consumers try and continue to buy a new product

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