In the Blank______ stage a firm's profits may be low due to start-up costs; in the Blank______ stage a firm's profits hit their greatest growth rates.

Question

Multiple choice question.

early growth, accelerated development

decline; maturity

accelerated development; maturity

decline; early growth

Answer 1

The correct choice would be:

early growth; accelerated development

In the early growth stage, a firm's profits may be low due to start-up costs, while in the accelerated development stage, a firm's profits typically experience their greatest growth rates.