If the line graph shows a sharp increase in sales for Product A in December, wha

Practice Questions

Q1
If the line graph shows a sharp increase in sales for Product A in December, what might this indicate?
  1. Holiday season sales
  2. New product launch
  3. Price reduction
  4. All of the above

Questions & Step-by-Step Solutions

If the line graph shows a sharp increase in sales for Product A in December, what might this indicate?
  • Step 1: Look at the line graph and notice the sharp increase in sales for Product A in December.
  • Step 2: Think about what happens in December, like the holiday season and shopping events.
  • Step 3: Consider that many people buy gifts during the holidays, which could lead to higher sales.
  • Step 4: Remember that promotions or discounts during this time might also attract more customers.
  • Step 5: Conclude that the sharp increase in sales could be due to holiday shopping and related factors.
  • Sales Trends – Understanding how seasonal factors, such as holidays, can influence sales patterns.
  • Data Interpretation – Analyzing graphical data to draw conclusions about consumer behavior.
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