In the maturity stage of the product life cycle, many products will have falling profits.

Name: In the maturity stage of the product life cycle, many products will have falling profits.
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Question

Quizplus · Accepted Answer

In the maturity stage, sales growth slows down and eventually stabilizes. With intense competition and market saturation, companies may face declining profits due to reduced demand, price cutting, or higher marketing and promotion costs.

In the Maturity Stage of the Product Life Cycle, Many