During the ________ phase of market evolution,if a new product sells well,new firms enter the market.
A) induction
B) emergence
C) growth
D) maturity
E) decline

Name: During the ________ phase of market evolution,if a new product sells well,new firms enter the market. A) induction B) emergence C) growth D) maturity E) decline
Brand: Quizplus
Rating: 4.9 (32 reviews)

Question

Quizplus · Accepted Answer

During the growth phase of market evolution, a new product that sells well attracts new firms to enter the market due to increasing demand and potential profits.

During the ________ Phase of Market Evolution,if a New Product