At which stage of the product life cycle do industry profits start to decline?
A)market maturity
B)market introduction
C)market growth
D)stagnation
E)sales decline

Name: At which stage of the product life cycle do industry profits start to decline? A)market maturity B)market introduction C)market growth D)stagnation E)sales decline
Brand: Quizplus
Rating: 4.7 (24 reviews)

Question

Quizplus · Accepted Answer

Toward the end of the market growth stage,industry profits begin to decline as competition and consumer price sensitivity increase.

At Which Stage of the Product Life Cycle Do Industry