Ace electronics introduces a new voice-activated personal computer that no longer requires a keyboard. ace charges the high price of $11,000 per unit, thus generating large profits because it has a 20 percent market share. ace's major problem in the future will most likely bea) survival. b) cash flow. c) competition. d) return on investment. e) profit.

C) competition

Explanation:

ACE's new computer is in the introduction stage of the product life cycle. It is a very new and different product and therefore ACE can charge a high price until the growth stage begins. During the growth stage, the product's demand will increase and it will become a normal available product, that will attract several competitors into the market. Competitors might introduce newer versions of the product which are slightly different, but specially the price will be a decisive factor. As more competitors enter the market, the price will fall.

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