Lee and gayle have agreed during a telephone conversation that gayle can leave her furniture with lee while gayle is looking for a home. this relationship is:

This is Informal Relationship.

In this relationship, two parties agree upon a decision without any contract involved. This is the verbal contract in which both parties are ethically bounded by the word of mouth.

This type of relationships mostly develops into long term friendships because the purpose of such relationships is to help each other and build an environment of trust between the parties.

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

                                          hope it

answer; monopolistic competition;