The Profit Curve Is the Highest in Which Stage of the Product

question 55

Multiple Choice

The profit curve is the highest in which stage of the product life cycle?

• A) Decline
• B) Growth
• C) Introduction
• D) Maturity

---

Definitions:

Instinct Theory

A view that explains human behavior as motivated by automatic, involuntary, and unlearned responses.

Theories of Motivation

Psychological theories that seek to explain how and why people are motivated to act in certain ways, including needs, desires, and goals.

Drive Theories

Theories suggesting that motivation is primarily based on the needs to reduce internal states of tension and restore homeostasis.

Clark Hull

An influential psychologist known for his drive-reduction theory of learning and motivation within the behaviorist framework.