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In the line graph, if Product A's sales peaked in March and then declined steadi

Practice Questions

Q1
In the line graph, if Product A's sales peaked in March and then declined steadily, what could be a possible reason for this trend?
  1. Launch of a new product
  2. Seasonal sales
  3. Price increase
  4. All of the above

Questions & Step-by-Step Solutions

In the line graph, if Product A's sales peaked in March and then declined steadily, what could be a possible reason for this trend?
  • Step 1: Look at the line graph to see when Product A's sales were highest, which is in March.
  • Step 2: Understand that a peak means sales were very good at that time.
  • Step 3: Consider what might cause sales to go down after a peak.
  • Step 4: Think about possible reasons like seasonal demand, competition, or changes in consumer preferences.
  • Step 5: Conclude that any of these factors could explain why sales went down after March.
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