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What Are the Different Ways in Which Firms Can Extend

question 52

Essay

What are the different ways in which firms can extend a product's lifecycle? Explain any one of them.


Definitions:

Nicotine

A stimulant and addictive substance found in tobacco products, known for its effects on the nervous system.

Teratogen

Environmental agent, such as a virus, a drug, or radiation, that can interfere with normal prenatal development and cause developmental abnormalities.

Birth Defect

An abnormality in structure, function, or metabolism present at birth that results in physical or mental disability or is fatal.

Cesarean Delivery

A surgical procedure used to deliver a baby through incisions in the mother's abdomen and uterus.

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