Which of the Following Observations Concerning the Market Maturity Stage

question 77

Multiple Choice

Which of the following observations concerning the market maturity stage is note true?

• A) Many aggressive competitors have entered the race for profits.
• B) There is a long-run downward pressure on prices.
• C) New firms cannot enter the market at this stage.
• D) Promotion costs rise and some competitors cut prices to attract business.
• E) Persuasive promotion becomes more important during this stage.