The system gives both producers and consumers important information they use in making decisions about how to allocate their resources and is determined by forces of supply and demand. 1.) profit
2.)none of the above
3.)price

3. Price

Explanation:

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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