most consumers who would buy a product are either repeat purchasers of the item or have tried and abandoned it,what stage of the product life cycle is the product in?

Question

Quizplus · Accepted Answer

The product is in the maturity stage of the product life cycle, as it has already gone through introduction and growth stages. The fact that there are both repeat purchasers and those who have abandoned the product suggests that it has reached a stable level of demand and is not likely to experience significant growth or decline in sales in the near future.

Most Consumers Who Would Buy a Product Are Either Repeat