Question

question 21
profits are high and competition begins to enter the market.
a growth
b decline
c maturity
d introduction

Explanation:

In the product life cycle, the growth stage is characterized by high profits as sales increase, and new competitors start entering the market to capitalize on the growing demand. The decline stage has falling profits and competitors leaving. Maturity has stable profits and intense competition (not new entry). Introduction has low profits and few competitors. So the correct option is A.

Answer:

A. growth