Concept
Version 8
Created by Boundless
Stages in the Product Life Cycle
![Firm Life Cycle](../../../../../../../../../figures.boundless-cdn.com/31235/full/product-life-cycle.jpg)
Firm Life Cycle
Firms progress through stages of development, indicated by their changing profits over time.
Source
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"Product life cycle."
http://commons.wikimedia.org/wiki/File:Product_life_cycle.png
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