What stage of the business life cycle is characterized by continuous and rapidly decreasing sales?

a. introductory
b. growth
c. maturity
d. decline/rebirth

d

Business

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Mutual funds achieve economies of scale for individual investors by realizing the benefits of lower transaction costs and commissions as compared to those incurred by individual investors.

a. true b. false

Business

Diversifying the financing base means diversifying sales, location of production facilities, and raw material sources

Indicate whether the statement is true or false.

Business