Question

The ________ is used to study the course of a product's sales and profits for the duration that it is produced and sold in the market.

Answer 1

Answer:

The correct word for the blank space is: product life cycle.

Explanation:

The product life cycle is the period of time during which a product is conceived and developed, brought to market and late removed from the market. The cycle includes four (4) stages: research and introduction, promotion and growth, maturity, and decline.