Industries in decline exhibit attributes such as decline in demand, aggressive price competition, and lack of technical change

Name: Industries in decline exhibit attributes such as decline in demand, aggressive price competition, and lack of technical change
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Industries that are declining typically experience a decrease in demand for their products, fierce pricing competition due to oversupply, and a lack of innovation and technical advances that could help revitalize the industry.

Industries in Decline Exhibit Attributes Such as Decline in Demand