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The shakeout phase of an industry life cycle refers to: when the industry starts to decline. when the profitability of the industry increases. when
The shakeout phase of an industry life cycle refers to: when the industry starts to decline. when the profitability of the industry increases. when industry growth starts to increase at a decreasing rate. when the industry starts to see more competitors enter the industry. when industry barriers are erected to reduce potential entrants.
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