Industry profits are largest in which of the following product life-cycle stages?
A)market introduction
B)market growth
C)market maturity
D)sales decline

Name: Industry profits are largest in which of the following product life-cycle stages? A)market introduction B)market growth C)market maturity D)sales decline
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Question

Quizplus · Accepted Answer

In the market growth stage,the innovator begins to make big profits as more and more customers buy.This is the time of biggest profits for the industry.

Industry Profits Are Largest in Which of the Following Product