The Product Life Cycle Curve That Describes the Sales Pattern

question 63

Multiple Choice

The product life cycle curve that describes the sales pattern of a new product over time (growing slowly during its introduction and then spurting upward rapidly during its growth stage and finally plateauing or slowing down considerably as the market becomes saturated) is an example of which type of relationship?

• A)causal relationship
• B)linear relationship
• C)nonmonotonic relationship
• D)monotonic relationship
• E)curvilinear relationship