To Determine:
To determine three factors from table that support Ludlow's conclusion.
Introduction:
The process of industries going through various stages of growth is termed as industrial cycle. As industry moves ahead from one level to the next, the pricing, competition, growth rate, profits etc. moves further along with it. The beginning and the end of any stage is difficult to notice.
(b)
To Determine:
To determine three factors from table that support Ludlow's conclusion.
Introduction:
The process of industries going through various stages of growth is termed as industrial cycle. As industry moves ahead from one level to the next, the pricing, competition, growth rate, profits etc. moves further along with it. The beginning and the end of any stage is difficult to notice.
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