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Cannondale Bikes was a pioneer in introducing the e - assist bike, a bike with assist gears to enable riders to better climb steep highs

Cannondale Bikes was a pioneer in introducing the e-assist bike, a bike with assist gears to enable riders to better climb steep highs .Sales of these bikes is very brisk but now a number of competitors have entered the market. The Cannondale bike is most likely in which of the following stages of the product life cycle?

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