During the growth stage of the product life cycle:
A) there is little emphasis on the distribution strategy
B) demand for the product is limited to high-income consumers
C) prices increase due to economies of scale
D) there is decreased direct competition
E) profits peak

Question

Quizplus · Accepted Answer

During the growth stage of the PLC,profits rise rapidly,reach their peak,and begin declining as competition intensifies.

During the Growth Stage of the Product Life Cycle