What happens when manufacturers start producing products that make the old ones obsolete?
A) Demand for the older product declines.
B) There are more first-time buyers in the market.
C) Customers are unsure what the old product has to offer.
D) There is minimal demand for the product.

Question

Quizplus · Accepted Answer

Once a demand for a product starts to fall, the decline stage begins. This typically occurs when advancing technology leads to the development of a more advanced product, making the old one obsolete.

What Happens When Manufacturers Start Producing Products That Make the Old