Four Years Ago, Elliv-Belle Industries Introduced a Fuel Cell That

True/False

Four years ago, Elliv-Belle Industries introduced a fuel cell that households can use to generate their own low-cost electricity without having to buy power from electric utility companies. The product has been successful and is already in the growth stage of its life cycle. During this stage, the product is likely to have the market all to itself because competing products normally aren't introduced until the maturity stage.