The ________ stage in a product life cycle begins when market demand peaks because most customers have already bought the product.
A) embryonic
B) growth
C) mature
D) decline

Question

Quizplus · Accepted Answer

The mature stage in a product life cycle is characterized by market demand peaking because most customers have already bought the product. This stage is followed by the decline stage where demand starts to decrease due to factors such as competition or changing consumer preferences. The embryonic stage is the earliest stage in a product's life cycle where it is introduced to the market, while the growth stage is when sales begin to increase rapidly.

The ________ Stage in a Product Life Cycle Begins When