All of the following are true of the "maturity stage" of the product life cycle EXCEPT:

All of the following are true of the "maturity stage" of the product life cycle EXCEPT:



A. The market focus is on getting consumers to switch to your product.
B. Modifying the product itself can be profitable at this stage.
C. Production costs are low.
D. A lot of competitors enter the market.
E. It's important to defend market share at this stage.


Answer: D


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