Imagine Eveready Has Developed Solar Rechargeable Batteries That Cost Only

Multiple Choice

Imagine Eveready has developed solar rechargeable batteries that cost only slightly more to produce than regular batteries (less than the rechargeable batteries currently available) and can be recharged by sunlight up to 5 times, after which they are meant to be discarded. Unfortunately, the production process cannot be patented, and competitors could arrive within a few months. Which of the following is the best description of the product life cycle of this product?

A) high introductory sales, with rapid decline
B) moderately slow introduction, followed by modest growth, gradually levelling off
C) long, level beginning, and rapid ascent
D) rapid growth followed by rapid decline