The flat-panel television market where prices have come down and competition has become more stable is best characterized as:
A) standard-cycle.
B) fast-cycle.
C) slow-cycle.
D) competitive rivalry.

Question

Quizplus · Accepted Answer

The flat-panel television market is best characterized as a standard-cycle market because prices have stabilized and competition is more predictable, indicating a mature market with moderate innovation and change.

The Flat-Panel Television Market Where Prices Have Come Down and Competition