In the product life cycle, many consumers are entering the market and buying the product for the first time and demand increases rapidly in the ________ stage.
A)acceleration
B)maturity
C)demand
D)growth

Question

Quizplus · Accepted Answer

The growth stage of the product life cycle is characterized by a rapid increase in demand as more consumers become aware of and purchase the product for the first time.

In the Product Life Cycle, Many Consumers Are Entering the Market