In the maturity stage of the product life cycle,sales volume continues to rise,but profit margins begin to fall as competitors enter the market.

Question

Quizplus · Accepted Answer

In the maturity stage of the product life cycle, the product has already gained widespread acceptance among consumers, and sales volume continues to rise. However, as competition increases, profit margins begin to fall due to pricing pressure and increased marketing expenses.

In the Maturity Stage of the Product Life Cycle,sales Volume