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Simplify the expression. Assume all variables represent positive real numbers.
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Haier
A global Chinese consumer electronics and home appliances company known for its innovation and quality products.
Maturity Stage
The maturity stage is a phase in the product life cycle characterized by a slowdown in sales growth because the product has achieved acceptance by most potential buyers, leading to increased competition.
Long Production Runs
Extended periods of continuously producing the same product, which often leads to economies of scale and reduced costs per unit.
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