During the Decline Stage of the Product Life Cycle

question 186

Multiple Choice

During the decline stage of the product life cycle,

• A) sales rapidly decrease.
• B) market share is maintained.
• C) competition is at a peak.
• D) profits begin to fall.
• E) profits peak and then begin to decline.

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Definitions:

Normal Fault

A fault in which the hanging wall moves down relative to the footwall.

Reverse Fault

A fault in which the hanging wall moves up relative to the footwall.

Joint

A fracture in a rock where the rock has been pulled apart slightly without significant displacement parallel to the fracture.

Anticlines

Upward folds or arches of rock layers, often associated with oil and natural gas deposits.