During the decline stage of the product life cycle,
A) sales rapidly decrease.
B) market share is maintained.
C) competition is at a peak.
D) profits begin to fall.
E) profits peak and then begin to decline.

Question

Quizplus · Accepted Answer

During the decline stage of the product life cycle, sales rapidly decrease as the product loses consumer interest and market saturation occurs.

During the Decline Stage of the Product Life Cycle