Toward the end of the growth stage of the product life cycle:
A) there is little emphasis on the distribution strategy
B) demand for the product is limited to high-income consumers
C) prices increase due to economies of scale
D) there is decreased direct competition
E) profits peak

Question

Quizplus · Accepted Answer

Toward the end of the growth stage, the market for the product becomes saturated, leading to a decrease in sales growth. As a result, profits peak during this stage before eventually declining in the maturity and decline stages.

Toward the End of the Growth Stage of the Product