The growth phase of the product life cycle is always dynamic. All of the following occur during this phase except Multiple Choice

A. profits increase as sales increase.

B. profits increase as economies of scale are attained.

C. some new competitors may enter the market with similar products.

D. some competitors will exit in an "industry shakeout."

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Business

18 September, 19:42

The growth phase of the product life cycle is always dynamic. All of the following occur during this phase except Multiple Choice

A. profits increase as sales increase.

B. profits increase as economies of scale are attained.

C. some new competitors may enter the market with similar products.

D. some competitors will exit in an "industry shakeout."

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Answers (1)

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Bria Bonilla · Answer 1

Answer: All the above options are correct as the growth phase of a product life cycle.

Explanation: The only thing that could have affected the growth phase is if there is price competition with protracted price war which erodes profits.