The product life cycle shown in "D" in Figure 11-3 above is an example of a __________ product.

Name: The product life cycle shown in "D" in Figure 11-3 above is an example of a __________ product.
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Question

Quizplus · Accepted Answer

The product life cycle shown in "D" is an example of a fad product, which experiences a rapid and short-lived increase in demand followed by a quick decline. Fads are typically driven by a novelty or trend and do not have long-term staying power.

The Product Life Cycle Shown in "D" in Figure 11-3