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Sagot :
the correct answer is "in the growth stage of the product life cycle, demand and sales increase, profits peak, and there are more competitors."
Growth stage-
- If the product continues to thrive and meet marketplace needs, the product will enter the growth stage.
- In the growth level, income sales typically grows exponentially from the take-off point.
- Economies of scale are realized as income sales grow quicker than prices and manufacturing reaches capacity.
- Competition withinside the boom level is frequently fierce, as competition introduce comparable products. In the growth stage, the marketplace grows, opposition intensifies, income rise, and the wide variety of clients increases.
learn more about product life cycle here: https://brainly.com/question/16866268
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