In the _____ stage of the life cycle,equilibrium is reached.
A)introduction
B)growth
C)maturity
D)decline

Question

Quizplus · Accepted Answer

In the maturity stage of the life cycle, a product or service reaches its maximum sales potential and continues to generate revenues without significant investment. At this stage, the market is mature, and the product is well established, which brings about a state of equilibrium, where demand meets supply, and growth stabilizes. Therefore, the answer is C) maturity.

In the _____ Stage of the Life Cycle,equilibrium Is Reached