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What does the intersection of the lines for Product A and Product B in the graph
What does the intersection of the lines for Product A and Product B in the graph suggest?
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Practice Questions
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Q1
What does the intersection of the lines for Product A and Product B in the graph suggest?
Product A is outperforming Product B
Product B is gaining market share
Both products are equally popular
Sales data is inaccurate
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The intersection indicates that Product B is gaining market share over Product A.
Questions & Step-by-step Solutions
1 item
Q
Q: What does the intersection of the lines for Product A and Product B in the graph suggest?
Solution:
The intersection indicates that Product B is gaining market share over Product A.
Steps: 6
Show Steps
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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