Due to technological changes, pagers and videocassettes are slowly leaving the market. Which stage of the product life cycle are these products in?
A) decline
B) secondary
C) recession
D) maturity

Question

Quizplus · Accepted Answer

The decline stage is characterized by a decrease in demand and sales due to changing consumer preferences or technological advancements, leading to the eventual elimination of the product from the market. Pagers and videocassettes are experiencing this decline due to the advent of newer and more advanced technologies.

Due to Technological Changes, Pagers and Videocassettes Are Slowly Leaving