While the domestic airline industry is in the maturity stage of the industry life cycle, the internet-enabled appliance industry is in its growth stage. Which of the following can be inferred from thegiven data?1. The number of competitors will be greater in the domestic airline industry than theinternet-enabled appliance industry.2. The internet-enabled appliance industry is ahead of the domestic airline industry in theindustry life cycle.3. While the domestic airline industry is mostly free from excess capacity, the internet-enabled appliance industry will have new entrants.4. The mode of competition will be price-based in the internet-enabled appliance industryand will be non-price-based in the domestic airline industry.