Which of the following is a correct statement about the Life Cycle stages?
O For firms in the industry, costs are typically lower at the start-up / introduction stage compared to life stages that follow.
O In the maturity stage, companies tend to add frills and features to the product, to a greater extent than in the growth or decline stages.
O Fora new entrant, it makes more sense to enter an industry that is in the early Growth stage than an industry that is in the Mature stage.
O In the maturity stage the market growth curve is steeper than in in the growth stage.