Which of the following statements about the stages of the product life cycle is FALSE?
A)The market introduction stage can be seen as investing in the future.
B)In the market growth stage,profits keep rising steadily with no sign of decline.
C)Sales level off and profits continue to go down in the market maturity stage.
D)The sales decline stage can be seen as a time of replacement.
E)Industry profits go down throughout the market maturity stage.

Question

Quizplus · Accepted Answer

In the market growth stage,industry sales grow fast but industry profits rise and then start falling.

Which of the Following Statements About the Stages of the Product