Prices tend to remain stable if the rate of decline is slow during the decline stage of a product.

Question

Quizplus · Accepted Answer

When the rate of decline is slow, it means that the product is still selling well and generating revenue. Therefore, the prices can remain stable as there is still demand for the product. However, if the rate of decline is fast, the prices may need to be lowered in order to sell the remaining inventory and avoid losses.

Prices Tend to Remain Stable If the Rate of Decline