Question:medium

Study the product life cycle diagram as given. If A, B, C and D represent different stages of product life cycle, which stage is most expensive stage ? 

 [Note: The diagram displays annual sales volume on the y-axis against time on the x-axis, showing a bell-shaped curve starting at A, rising through B to a peak at C, and declining at D.] 
 

Show Hint

The "Introduction Stage" (Stage A) of any commercial product has the highest cost-to-sales ratio because of the heavy spending required for launching, distributing, and promoting a new product with low initial sales.
  • Stage A
  • Stage B
  • Stage C
  • Stage D
Show Solution

The Correct Option is A

Solution and Explanation

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