In the 1970s,everybody owned a novelty called a Pet Rock.The sales of this product rapidly grew and just as rapidly fell.In terms of the Product Life Cycle,the Pet Rock was a(n)

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The Pet Rock was a fad product, meaning it experienced a sudden and short-lived burst of popularity before quickly declining in sales. This fits the description of a product in the fad stage of the Product Life Cycle.

In the 1970s,everybody Owned a Novelty Called a Pet Rock