During the _____ stage of the product life cycle, sales continue to increase but at a decreasing rate, marginal competitors are forced to drop out of the market, and trade-in sales become significant.
A) introduction
B) market-acceptance
C) decline
D) maturity
E) growth

Question

Quizplus · Accepted Answer

The maturity stage of the product life cycle is characterized by a peak in sales growth, where sales continue to increase but at a slower rate. During this stage, weaker competitors start leaving the market, and sales increasingly rely on replacement or trade-in purchases.

During the _____ Stage of the Product Life Cycle, Sales