In which stage of the product life cycle do profits generally first appear?
A) decline stage
B) introductory stage
C) growth stage
D) maturity stage

Question

Quizplus · Accepted Answer

During the growth stage, sales increase rapidly and the product becomes more widely recognized and accepted. As a result, profits tend to appear during this stage as the product gains momentum and economies of scale begin to take effect. In contrast, profits tend to decline in the decline stage, and may be lower in the introductory and maturity stages due to higher marketing and production costs relative to sales.

In Which Stage of the Product Life Cycle Do Profits