The Growth Phase of the Product Life Cycle Is Always

Multiple Choice

The growth phase of the product life cycle is always dynamic.All of the following occur during this phase except

A) profits increase as sales increase.
B) profits increase as economies of scale are attained.
C) some new competitors may enter the market with similar products.
D) some competitors will exit in an "industry shakeout."
E) price competition with protracted price wars erodes profits.