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57.) If a fundamental analyst believes the economy is contracting and heading toward a recession, which of the following companies will be most attractive? a.

57.) If a fundamental analyst believes the economy is contracting and heading toward a recession, which of the following companies will be most attractive?

a. A manufacturer of washing machines.

b. An auto manufacturer.

c. A tobacco company.

d. An airline.

58.) Which of the following stages of the industry life cycle is characterized by modest sales growth and small or negative profit margins?

a. Pioneering development.

b. Mature growth.

c. Market maturity.

d. Market decline.

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