Prices tend to flatten out as products reach the ________ stage of the product life cycle.

Name: Prices tend to flatten out as products reach the ________ stage of the product life cycle.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

In the maturity stage, sales growth slows down and eventually plateaus, leading to increased competition and saturation of the market. With more competitors and less potential for growth, prices tend to stabilize or even decrease slightly in order to maintain market share.

Prices Tend to Flatten Out as Products Reach the ________