CIPS L3M1 Question Answer
On a diagram of the Product Life Cycle, the x-axis shows:
Growth
Time
Decline
Profit
Explanation
The x-axis shows time. For some products, it may represent a year; for others, a century.
The other answers given could all be shown on the y-axis of the PLC, depending on circumstances.
TESTED 06 Jul 2025
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