In which of the following stages of the product lifecycle, do market supplies exceed the demand, as a result of which a firm can increase its sales only at the expense of its competitors?

In which of the following stages of the product lifecycle, do market supplies exceed the demand, as a result of which a firm can increase its sales only at the expense of its competitors?



a. Introductory stage
b. Growth stage
c. Maturity stage
d. Decline stage


Answer: c. Maturity stage


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Marketing Chapter 12

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