What does the intersection of the lines for Product A and Product B in the graph

Practice Questions

Q1
What does the intersection of the lines for Product A and Product B in the graph suggest?
  1. Product A is outperforming Product B
  2. Product B is gaining market share
  3. Both products are equally popular
  4. Sales data is inaccurate

Questions & Step-by-Step Solutions

What does the intersection of the lines for Product A and Product B in the graph suggest?
  • Step 1: Look at the graph where the lines for Product A and Product B are drawn.
  • Step 2: Find the point where the two lines cross each other. This point is called the intersection.
  • Step 3: Understand that the intersection shows a change in how much of the market each product has.
  • Step 4: If the line for Product B is above the line for Product A after the intersection, it means Product B is selling more and gaining market share.
  • Step 5: If the line for Product A was above before the intersection, it means Product A was selling more before Product B started to gain.
  • Step 6: Conclude that the intersection suggests a shift in popularity or sales from Product A to Product B.
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