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At what stage of the PLC (Product Life Cycle) can a higher price usually be charged?

/ Advertising in Contemporary Society solved MCQs / By
Question:

At what stage of the PLC (Product Life Cycle) can a higher price usually be charged?

A.

Introduction

B.

Maturity

C.

Growth

D.

Decline

Answer» c. Growth

Note: The above multiple-choice question is for all general and Competitive Exams in India.