Which of the following is consistent with the growth stage of the product life cycle?
A) A peak in the sales curve
B) High profit levels
C) A stable number of competitors
D) Declining profits

Question

Quizplus · Accepted Answer

High profit levels are consistent with the growth stage of the product life cycle, as demand for the product is increasing and production costs have likely stabilized or are decreasing due to economies of scale. A peak in the sales curve may occur in this stage but is not necessarily consistent with it. A stable number of competitors is more likely in the mature stage, while declining profits are more likely in the decline stage.

Which of the Following Is Consistent with the Growth Stage