If the line graph indicates a steady decline in the sales of Product C from Janu

Practice Questions

Q1
If the line graph indicates a steady decline in the sales of Product C from January to June, what can be inferred about consumer preferences?
  1. Consumers prefer Product A
  2. Product C is being discontinued
  3. Product C has a seasonal demand
  4. None of the above

Questions & Step-by-Step Solutions

If the line graph indicates a steady decline in the sales of Product C from January to June, what can be inferred about consumer preferences?
  • Step 1: Look at the line graph showing sales of Product C from January to June.
  • Step 2: Notice that the sales numbers are going down steadily over these months.
  • Step 3: Understand that a decline in sales usually means fewer people are buying Product C.
  • Step 4: Consider what this might mean for consumer preferences; if they are not buying Product C, they might be choosing other products instead.
  • Step 5: Think about which other products could be gaining popularity; in this case, it suggests that consumers might be shifting towards Product A.
  • Consumer Preferences – Understanding how consumer choices can change over time based on market trends.
  • Data Interpretation – Analyzing graphical data to draw conclusions about trends and behaviors.
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