In the Maturity Stage of the Industry Life Cycle

Multiple Choice

In the maturity stage of the industry life cycle,

A) the product has reached full potential.
B) profit margins are narrower.
C) producers are forced to compete on price to a greater extent.
D) the product has reached full potential and profit margins are narrower.
E) the product has reached full potential, profit margins are narrower, and producers are forced to compete on price to a greater extent.