In the maturity stage of the industry life cycle,

A) the product has reached full potential.
B) profit margins are narrower.
C) producers are forced to compete on price to a greater extent.
D) the product has reached full potential and profit margins are narrower.
E) the product has reached full potential, profit margins are narrower, and producers are forced to compete on price to a greater extent.

Maturity Stage

The final phase in a product's lifecycle or a bond's life where growth stabilizes, sales level off, and a bond becomes due for payment.

Profit Margins

Financial metrics indicating the percentage of revenue that remains as profit after accounting for costs and expenses.

Industry Life Cycle

The industry life cycle describes the progression of an industry over time through phases including introduction, growth, maturity, and decline, each affecting competitive dynamics and strategic considerations for businesses.