Which stage of the Product life cycle (PLC) is the most profitable stage
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Growth stage is most profitable in the whole PLC
Explanation:
Growth stage is said to be achieved when the production of a product increases to a level where maximum profits are achieved by economy of sales.
This happens when the demand for a particular product increases and the product is stabilized in the market. The market routes that are established for the sales are attain efficiency as well.
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