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If the line graph indicates a steady decline in the sales of Product C from Janu
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?
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Practice Questions
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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?
Consumers prefer Product A
Product C is being discontinued
Product C has a seasonal demand
None of the above
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The decline suggests that consumers are shifting their preferences towards Product A.
Questions & Step-by-step Solutions
1 item
Q
Q: 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?
Solution:
The decline suggests that consumers are shifting their preferences towards Product A.
Steps: 5
Show Steps
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.
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