During the growth stage of a product life cycle, a producer is likely to have higher monopoly power and faces a more inelastic demand curve than at the end of a product's life cycle.

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During the growth stage, a product is still relatively new and has not yet reached its full potential. As a result, there is less competition and the producer has more monopoly power. Additionally, demand is more inelastic during the growth stage because consumers are still learning about the product and are less likely to switch to a different brand.

During the Growth Stage of a Product Life Cycle, a Producer