Sales of cell phones in the United States are still increasing,but the rate of growth has slowed.Sales are expected to peak somewhat soon in the U.S.Based on this information,cellular phones are in what stage of the product life cycle in the U.S.?

Question

Quizplus · Accepted Answer

The slowing of growth in sales suggests that the product is in the maturity stage, where sales have peaked and are expected to remain steady or decline in the near future. The introduction and growth stages are characterized by high sales growth and increasing market acceptance, while the decline stage is characterized by decreasing sales and eventual phase-out of the product.

Sales of Cell Phones in the United States Are Still