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Explain the evolution of Rome from republic to empire.
Product Life Cycle
A concept that describes the stages a product goes through from when it is first introduced to the market until it is discontinued.
Cannibalization
When a company's new product eats into the sales of one of its existing products, potentially reducing overall sales revenue.
Pricing Constraints
Limitations or factors that affect the setting of prices for goods and services, such as cost of production, competition, and customer demand.
Regulatory Commissions
Official bodies or organizations responsible for the control and supervision of specific industries or fields, ensuring compliance with laws and regulations.
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