The product cycle refers to:
A) the changing location of production of a particular good over time.
B) the changing of the marketing strategy for a particular good over time.
C) the changing nature of a particular good over time.
D) the changing pattern of comparative advantage over time.
E) trade in commodities.

Question

Quizplus · Accepted Answer

The product cycle theory suggests that the location of production for a particular good changes over time as the product matures, often moving from developed to developing countries.

The Product Cycle Refers To