If the line graph indicates a steady decline in the sales of Product C from January to June, what can be inferred about the market trend for that product?

Practice Questions

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Increased competition
Seasonal demand
Improved marketing
Consumer preference shift

Questions & Step-by-step Solutions

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Q: If the line graph indicates a steady decline in the sales of Product C from January to June, what can be inferred about the market trend for that product?

Solution: The steady decline suggests increased competition affecting Product C's sales.

Steps: 5

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 consistently each month.
Step 3: Understand that a steady decline means fewer people are buying Product C over time.
Step 4: Consider possible reasons for the decline, such as new competitors entering the market.
Step 5: Conclude that the market trend for Product C is negative, indicating it is losing sales due to increased competition.

If the line graph indicates a steady decline in the sales of Product C from January to June, what can be inferred about the market trend for that product?

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Questions & Step-by-step Solutions

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